111
Views
0
CrossRef citations to date
0
Altmetric
Research Article

Assessing infrastructure and trade connectivity through network analysis evidence from BRI countries

, ORCID Icon &
Pages 259-284 | Received 12 Oct 2023, Accepted 15 Mar 2024, Published online: 27 Mar 2024

References

  • Abdallah, W., M. Goergen, and N. O’Sullivan. 2015. “Endogeneity: How Failure to Correct for it Can Cause Wrong Inferences and Some Remedies.” British Journal of Management 26 (4): 791–804. https://doi.org/10.1111/1467-8551.12113.
  • Acemoglu, D., V. M. Carvalho, A. Ozdaglar, and A. Tahbaz‐Salehi. 2012. “The Network Origins of Aggregate Fluctuations.” Econometrica 80 (5): 1977–2016. https://doi.org/10.3982/ECTA9623.
  • Altin, F. G., and M. Yalcinkaya. 2023. “Regional Comprehensive Economic Partnership (RCEP): Evaluation of Trade Relations Between Member Countries Using the Social Network Analysis Method.” International Journal of Business and Economic Studies 5 (4): 259–271. https://doi.org/10.54821/uiecd.1395797.
  • American Enterprise Institute. 2018. “China Global Investment Tracker”. Accessed September 11, 2022. https://www.aei.org/china-global-investment-tracker/.
  • Arellano, M., and O. Bover. 1995. “Another Look at the Instrumental Variable Estimation of Error-Components Models.” Journal of Econometrics 68 (1): 29–51. https://doi.org/10.1016/0304-4076(94)01642-D.
  • Arellano, M., and S. Bond. 1991. “Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations.” The Review of Economic Studies 58 (2): 277–297. https://doi.org/10.2307/2297968.
  • Beaton, M. K., A. Cebotari, and A. Komaromi. 2017. Revisiting the Link Between Trade, Growth and Inequality: Lessons for Latin America and the Caribbean. Washington DC, USA: International Monetary Fund. Working Paper No. 2017/046. https://www.imf.org/en/Publications/WP/Issues/2017/03/09/Revisiting-the-Link-between-Trade-Growth-and-Inequality-Lessons-for-Latin-America-and-the-44732.
  • Blundell, R., and S. Bond. 1998. “Initial Conditions and Moment Restrictions in Dynamic Panel Data Models.” Journal of Econometrics 87 (1): 115–143. https://doi.org/10.1016/S0304-4076(98)00009-8.
  • Bonacich, P. 1972. “Factoring and Weighting Approaches to Status Scores and Clique Identification.” The Journal of Mathematical Sociology 2 (1): 113–120. https://doi.org/10.1080/0022250X.1972.9989806.
  • Bonacich, P. 2007. “Some Unique Properties of Eigenvector Centrality.” Social Networks 29 (4): 555–564. https://doi.org/10.1016/j.socnet.2007.04.002.
  • Calderon, C. A., and L. Servén. 2004. “The Effects of Infrastructure Development on Growth and Income Distribution.” Available at SSRN 625277. https://doi.org/10.1596/1813-9450-3400.
  • Chan, M. H. T. 2019. “The Belt and Road Initiative–The New Silk Road: A Research Agenda.” Journal of Contemporary East Asia Studies 7 (72): 1–20. https://doi.org/10.1080/24761028.2019.1580407.
  • Chan, S. 2017. “The Belt and Road Initiative: Implications for China and East Asian Economies.” The Copenhagen Journal of Asian Studies 35 (2): 52–78. https://doi.org/10.22439/cjas.v35i2.5446.
  • Chen, Y., Z. Fan, J. Zhang, and M. Mo. 2019. “Does the Connectivity of the Belt and Road Initiative Contribute to the Economic Growth of the Belt and Road Countries?” Emerging Markets Finance and Trade 55 (14): 3227–3240. https://doi.org/10.1080/1540496X.2019.1643315.
  • Chen, Z., and X. Li. 2021. “Economic Impact of Transportation Infrastructure Investment Under the Belt and Road Initiative.” Asia Europe Journal 19 (1): 131–159. https://doi.org/10.1007/s10308-021-00617-3.
  • De Benedictis, L. S., and L. Tajoli. 2011. “The World Trade Network.” The World Economy 34 (8): 1417–1454. https://doi.org/10.1111/j.1467-9701.2011.01360.x.
  • De Benedictis, L., S. Nenci, G. Santoni, L. Tajoli, and C. Vicarelli. 2014. “Network Analysis of World Trade Using the BACI-CEPII Dataset.” Global Economy Journal 14 (3n04): 287–343. https://doi.org/10.1515/gej-2014-0032.
  • De Soyres, F., A. Mulabdic, and M. Ruta. 2020. “Common Transport Infrastructure: A Quantitative Model and Estimates from the Belt and Road Initiative.” Journal of Development Economics 143 (C): 102415. https://doi.org/10.1016/j.jdeveco.2019.102415.
  • De Soyres, F., A. Mulabdic, S. Murray, N. Rocha, and M. Ruta. 2019. “How Much Will the Belt and Road Initiative Reduce Trade Costs” International Economics 159 (C): 151–164. https://doi.org/10.1016/j.inteco.2019.07.003.
  • Eun, O. J., B. G. Mtonya, C. Kunaka, M. S. M. Lebrand, O. Pimhidzai, P. M. Duc, R. C. Skorzus, and S. M. Jaffee. 2019. “Vietnam Development Report 2019: Connecting Vietnam for Growth and Shared Prosperity”. Washington, D.C: World Bank Group. http://documents.worldbank.org/curated/en/590451578409008253/Vietnam-Development-Report-2019-Connecting-Vietnam-for-Growth-and-Shared-Prosperity.
  • Francois, J., and M. Manchin. 2013. “Institutions, Infrastructure, and Trade.” World Development 46 (C): 165–175. https://doi.org/10.1016/j.worlddev.2013.02.009.
  • Freeman, L. 1977. “A Set of Measures of Centrality Based on Betweenness.” Sociometry 40 (1): 35–41. https://doi.org/10.2307/3033543.
  • Githaiga, N. M., A. Burimaso, B. Wang, and S. M. Ahmed. 2019. “The Belt and Road Initiative: Opportunities and Risks for Africa’s Connectivity.” China Quarterly of International Strategic Studies 5 (1): 117–141. https://doi.org/10.1142/S2377740019500064.
  • Gomes, S. 2019. “Centrality in Networks: Finding the Most Important Nodes.” In Published in Business and Consumer Analytics: New Ideas, edited by P. Moscato and H. Jane de Vries, 401–433. Springer. https://www.researchgate.net/publication/333495655_Centrality_in_Networks_Finding_the_Most_Important_Nodes.
  • Gould, D., D. Y. Kenett, and G. L. Panterov. 2018. “Multidimensional Connectivity: Benefits, Risks, and Policy Implications for Europe and Central Asia”. World Bank Policy Research Working Paper 8438. Available at SSRN: https://ssrn.com/abstract=3177233.
  • Huang, Y. 2016. “Understanding China’s Belt & Road Initiative: Motivation, Framework and Assessment.” China Economic Review 40:314–321. https://doi.org/10.1016/j.chieco.2016.07.007.
  • Herrero, A. G., and J. Xu. 2017. “China’s Belt and Road Initiative: Can Europe Expect Trade Gains?” China & World Economy 25 (6): 84–99. https://doi.org/10.1111/cwe.12222.
  • Iapadre, P. L., and L. Tajoli. 2014. “Emerging Countries and Trade Regionalization. A Network Analysis.” Journal of Policy Modeling 36 (1): S89–S110. https://doi.org/10.1016/j.jpolmod.2013.10.010.
  • Jetin, B. 2018. “One Belt-One Road Initiative’ and ASEAN Connectivity: Synergy Issues and Potentialities.” In China’s Global Rebalancing and the New Silk Road, edited by B. Deepak. Singapore: Springer. https://doi.org/10.1007/978-981-10-5972-8_12.
  • Kamada, T., and S. Kawai. 1989. “An Algorithm for Drawing General Undirected Graphs.” Information Processing Letters 31 (1): 7–15. https://doi.org/10.1016/0020-0190(89)90102-6.
  • Kukenova, M., and J. A. Monteiro. 2009. “Spatial Dynamic Panel Model and System GMM: A Monte Carlo Investigation”. IRENE Working Papers 09-01, IRENE Institute of Economic Research. Available at https://ideas.repec.org/p/irn/wpaper/09-01.html.
  • Lisinge, R. T. 2020. “The Belt and Road Initiative and Africa’s Regional Infrastructure Development: Implications and Lessons.” Transnational Corporations Review 12 (4): 425–438. https://doi.org/10.1080/19186444.2020.1795527.
  • Maurer, J. 2009. “The Effects of Foreign Direct Investment in Urban Development: The Case of Budapest. Development Planning Unit.” DPU Working Paper No. 142. University College London. ISSN 1474-3280. Available at https://www.ucl.ac.uk/bartlett/development/sites/bartlett/files/migrated-files/WP142_Julia_Maurer_Internet_copy_0.pdf.
  • National Development Reform Council, People’s Republic of China. 2015. “Vision and Actions on Jointly Building the Silk Road Economic Belt and 21st-Century Maritime Silk Road”. Issued by the National Development and Reform Commission, Ministry of Foreign Affairs, and Ministry of Commerce of the People’s Republic of China. Retrieved from: https://www.fmprc.gov.cn/eng/topics_665678/2015zt/xjpcxbayzlt2015nnh/201503/t20150328_705553.html.
  • Portugal-Perez, A., and J. S. Wilson. 2008. “Why Trade Facilitation Matters to Africa?” World Bank Policy Research Working Paper 4719 (April): 40. Available at SSRN. https://ssrn.com/abstract=1269268.
  • Rehman, U. R., and A. A. Noman. 2020. “Does Infrastructure Promote Exports and Foreign Direct Investment in Selected Southeast Asian Economies? An Application of Global Infrastructure Index.” Journal of Economic Studies 48 (7): 1346–1370. https://doi.org/10.1108/JES-03-2020-0123.
  • Ruhnau, B. 2000. “Eigenvector-Centrality — a Node-Centrality?” Social Networks 22 (4): 357–365. https://doi.org/10.1016/S0378-8733(00)00031-9.
  • Shepherd, B., and L. Archanskaia. 2014. “Evaluation of Value Chain Connectedness in the APEC Region.” APEC Policy Support Unit, Asia-Pacific Economic Cooperation. 61p. Available at https://www.apec.org/docs/default-source/publications/2014/10/evaluation-of-value-chain-connectedness-in-the-apec-region/vc-connectedness-final-report-october2014-clean.pdf?sfvrsn=8d2c511e_1.
  • Shepherd, B. 2016. “Infrastructure, Trade Facilitation, and Network Connectivity in Sub-Saharan Africa.” Journal of African Trade 3 (1–2): 1–22. https://doi.org/10.1016/j.joat.2017.05.001.
  • Sheu, J. B., and T. Kundu. 2018. “Forecasting Time-Varying Logistics Distribution Flows in the One Belt-One Road Strategic Context.” Transportation Research Part E: Logistics & Transportation Review 117:5–22. https://doi.org/10.1016/j.tre.2017.03.003.
  • Tan, K. H., G. Ji, L. Chung, C. H. Wang, A. Chiu, and M. L. Tseng. 2019. “Riding the Wave of Belt and Road Initiative in Servitization: Lessons from China.” International Journal of Production Economics 211 (C): 15–21. https://doi.org/10.1016/j.ijpe.2019.01.027.
  • Teo, H. C., A. Lechner, G. Walton, and F. Chan. 2019. “Environmental Impacts of Infrastructure Development Under the Belt and Road Initiative.” Environments 6 (1): 72. https://doi.org/10.3390/environments6060072.
  • Vidya, C. T., and F. Taghizadeh-Hesary. 2021. “Does Infrastructure Facilitate Trade Connectivity? Evidence from the ASEAN.” Asia Europe Journal 19 (1): 51–75. https://doi.org/10.1007/s10308-021-00614-6.
  • Wei, H., Z. Sheng, and P. T. Lee. 2017. “The Role of Dry Port in Hub-And-Spoke Network Under Belt and Road Initiative.” Maritime Policy Management 45 (3): 370–387. https://doi.org/10.1080/03088839.2017.1396505.
  • World Bank. 2020. Mongolia InfraSAP: Infrastructure for Connectivity and Economic Diversification. World Bank, Ulaanbaatar. http://hdl.handle.net/10986/34779.
  • World Bank. 2023. “Vietnam’s Economic Growth Slows Due to Global Headwinds and Internal Constraints”. The World Bank in Vietnam. Available at https://www.worldbank.org/en/news/press-release/2023/08/10/vietnam-s-economic-growth-slows-due-to-global-headwinds-and-internal-constraints.
  • Yang, D., L. Jiang, and A. K. Ng. 2018. “One Belt One Road, but Several Routes: A Case Study of New Emerging Trade Corridors Connecting the Far East to Europe.” Transportation Research Part A: Policy and Practice 117 (C): 190–204. https://doi.org/10.1016/j.tra.2018.08.001.
  • Yu, H. 2017. “Motivation Behind China’s ‘One Belt, One Road’ Initiatives and Establishment of the Asian Infrastructure Investment Bank.” Journal of Contemporary China 26 (105): 353–368. https://doi.org/10.1080/10670564.2016.1245894.
  • Yang, G., X. Huang, J. Huang, and H. Chen. 2020. “Assessment of the Effects of Infrastructure Investment Under the Belt and Road Initiative.” China Economic Review 60 (7): 101418. https://doi.org/10.1016/j.chieco.2020.101418.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.