scholarly journals “Belt and Road Initiative” and Industrial Cluster Upgrading of China—Based on the Perspective of Global Value Chain

2017 ◽  
Vol 06 (01) ◽  
pp. 8-14 ◽  
Author(s):  
永辉 邱
2021 ◽  
Vol 11 (3) ◽  
pp. 58
Author(s):  
Mensah Patience Acquah ◽  
Mandella Osei Assibey Bonsu ◽  
Rosemond Atampokah

Long-term economic development is thought to necessitate the use of energy. To sustain steady economic growth, economies have increased their dependence on energy sources, tightened restrictions, and put pressure on energy supplies. Our paper employed simultaneous equations with GMM and SBM model to examine the impact of trade mechanism on energy efficiency of Asian countries within the Belt and Road Countries. We find significant increase in energy efficiency. After controlling the heterogeneous effects, the magnitude impact of the coefficient was noticeably which approves that the heterogeneity of countries and years influence the empirical findings of the model. Further, we find and validates that trade in the GVC mechanism helps to promote energy efficiency. Energy efficiency could be greatly promoted by emphasizing its significance in the age of GVC. Several policy recommendations support the findings


2014 ◽  
Vol 687-691 ◽  
pp. 4709-4712
Author(s):  
Li Li ◽  
Yi Xiao Liang

Based on the theory of Global Value Chain (GVC), this paper studies the sustainable development of athletic equipment industrial cluster from the perspective of GVC. This paper first reviews the relevant theories of GVC, and then investigates into the upgrade mode of China’s athletic equipment industrial cluster in the theoretical framework of GVC. Through theoretical analysis and empirical research, the paper puts forward the upgrade idea of China’s athletic equipment industrial cluster, and provides the basis for its development and policy-making.


2018 ◽  
Vol 01 (01) ◽  
pp. 1850005
Author(s):  
B. R. Deepak

As China unfolds a new economic and foreign policy with its neighbors by promoting the ‘Belt and Road’ initiative (BRI), the revival of the ‘Silk Route Spirit’ that integrated regions economically and culturally seems imminent. India and China were at the Centre of civilizational and global rebalancing during ancient times; can they come together yet again after the centuries of Western dominance? The connectivity initiatives whether from China or India, no matter how grandiose or miniscule they are, could be considered parts of the globalization processes that would immensely benefit countries and regions? The symbiosis or metamorphosis of these processes is extremely important if the dividends of the globalization are to be achieved and shared. I argue that the BRI which is a re-globalization drive from the orient needs to dock itself with other similar yet smaller processes initiated by other countries and regions for example the ‘Sagarmala’ and ‘Bharatmala’ of India; Eurasian Economic Union of Russia etc. The metamorphosis into each other’s initiative may lead the BRI to success. India, needs to be an insider rather than an outsider of this value chain. It holds that the cooperation entails deeper integration among countries concerned, and will open vistas of opportunities in many diversified areas including trade, transport, tourism, as well as cooperation in traditional and non-tradition security.


2021 ◽  
pp. 173-197
Author(s):  
Huaping Sun ◽  
Patience Mensah Acquah ◽  
Yi Liu ◽  
Farhad Taghizadeh-Hesary

Author(s):  
Shengbing He ◽  
Huilin Yao ◽  
Zhou Ji

This study incorporates business environment, foreign direct investment (FDI), and the global value chain upgrading into a unified analysis framework to unravel the effects of business environment and FDI on the Belt and Road Initiative (BRI) countries’ status elevation on the global value chain. The panel data of 112 BRI countries from 2007 to 2017 are employed for empirical tests on the trilateral relationship through the panel data regression model. The results show: (1) business environment improvement and FDI inflow significantly promote BRI countries’ status elevation on the global value chain. Business environment not only elevates BRI countries’ status on the global value chain directly, but indirectly lifts their status through the intermediate effects of FDI; (2) business environment and FDI significantly promote the status elevation on the global value chain for industries that are intensive on varied factors, especially for labor-intensive industry; (3) the test results of the panel threshold model further verify the positive effect of the business environment and FDI inflows on BRI countries’ status elevation on the global value chain.


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