首页|The Belt and Road Initiative and China's Export:A Soft Power Perspective

The Belt and Road Initiative and China's Export:A Soft Power Perspective

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Using a newly built soft power index,we examine whether and howsoft power affects Chinese firm-level export to the Belt and Road (B&R) countries from 2000 to 2016.We find that soft power has significantly positive effects on both export value and export product types for the B&R countries.These effects are more pronounced than those for non-B&R countries and differ not only between the "Belt" and the "Road" countries but also regional groups,firm ownerships,modes of trade,and sectors.Further analysis shows that soft power increases the intensive margin of exports by approximately three times that of the extensive margin.Thus,our findings provide a new perspective for understanding both the Belt and Road Initiative (BRI) and the contemporary economic evolution occurring in China.

Belt and Road Initiative (BRI)soft powerexportinternational tradeChina

Jiadong Tong、Ziliang Yu、Jiayun Xu、Meng Tong

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School of Economics, Nankai University, Tianjin 300371, China

APEC Study Center, Nankai University, Tianjin 300371, China

School of Finance, Nankai University, Tianjin 300350, China

Department of Economics, University of Birmingham, Birmingham B152TT, UK

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This research is financially supported by the Key Project of Philosophy and Social Sciences Research of MOE (Ministry of Educati

17JJDGJW013

2020

中国经济学前沿
高等教育出版社

中国经济学前沿

影响因子:0.138
ISSN:1673-3444
年,卷(期):2020.15(3)
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