Research on the Impact of China's Foreign Contracted Projects on the Upgrading of Industrial Structure of Belt and Road Partner Countries
Foreign contracted projects are an important form of capacity cooperation between China and Belt and Road partner countries.Based on the panel data of industrial structure upgrading of 37 Belt and Road partner countries and China's foreign contracted projects from 2011 to 2021,this paper empirically test the role of China's foreign contracted projects in upgrading the industrial structure of Belt and Road partner countries and its specific impact mechanism.The study found that China's for-eign contracted projects can significantly promote the upgrading of industrial structure in Belt and Road partner countries.The promotion effect of China's foreign contracted projects on the upgrading of the industrial structure of Belt and Road partner countries is heterogeneous,and its impact is significantly different due to the national income level,whether to sign FTA with China,and so on.There is a single threshold effect in the role of China's foreign contracted projects in promoting the industrial structure upgrade of Belt and Road partner countries.When it crosses the threshold value,the promotion effect on the upgrad-ing of the industrial structure of Belt and Road partner countries will be weakened.In addition,China's foreign contracted proj-ects can promote the upgrading of industrial structure of Belt and Road partner countries by promoting economic growth,ex-panding import and export trade,and attracting foreign direct investment inflows.
Belt and Road partner countriesforeign contracted projectsthe upgrading of industrial structurethreshold effect
NETL
NSTL
万方数据
