Study on Impact Mechanism of the"Belt and Road"Initiative on Science and Technology Innovation in Countries along the Route
Based on the panel data of 60 countries from 2008 to 2022,a double difference model was used to causally evaluate the impact of the"Belt and Road"initiative on science and technology innovation and its mecha-nism of action in the countries along the route.The results show that:The"Belt and Road"initiative has signifi-cantly advanced the level of science and technology innovation in the countries along the route,and its policy im-pact is first manifested as an immediate positive shock,which then shows an overall trend of rapid increase followed by fluctuation and decrease.The"Belt and Road"initiative enables science and technology innovation in countries along the route by advancing their level of development in the areas of trade,investment and economy.The mecha-nism of China's role in science and technology innovation for the countries along the route is mainly achieved by expanding the scale of bilateral trade in high technology products with the countries along the route.The findings of the study are of policy reference value in promoting science and technology innovation in China and other countries along the"Belt and Road",and in achieving quality development along the"Belt and Road".
the"Belt and Road"initiativethe"Road of Innovation"science and technology innovationimpact mechanism
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