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Has the Belt and Road Initiative Brought New Opportunities to Countries Along the Routes to Participate in Global Value Chains?

机译:皮带和道路倡议是否为沿线航线带来了新的机会,以参与全球价值链?

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Using the data of 40 host countries during 2010 to 2017, we investigate whether the Belt and Road Initiative (BRI) has brought new opportunities to countries along the routes to participate in global value chains (GVCs). We employ a difference-in-differences (DID) method with propensity score matching (PSM) to solve the self-selection bias problem. The results indicate that BRI has a significant positive effect on promoting the countries along the routes to participate in GVCs, and the effect is lagging and fluctuant. Specifically, we find that the promotion effects are particularly significant in the second year of the BRI’s implementation. The heterogeneity analysis of Belt and Road (BR) countries shows that there remains a significant positive effect on developing BR countries as before, while the opposite is true for developed BR countries.
机译:在2010年至2017年期间,使用40个主持国家的数据,我们调查了皮带和道路倡议(BRI)是否为沿着航线提供了新的机会,以参与全球价值链(GVC)。我们采用差异差异(DID)方法,具有倾向得分匹配(PSM)来解决自我选择偏置问题。结果表明,BRI对促进沿线途径的国家具有显着的积极作用,效果滞后和波动。具体而言,我们发现促进效应在BRI实施的第二年尤为重要。皮带和道路(BR)国家的异质性分析表明,在以前仍然存在显着的肯定效果,而发达国家国各国则对其相反。

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