TITLE:
Impact of Transport Infrastructure on Trade: Evidence from the Chinese Inland Provinces under “One Belt, One Road”
AUTHORS:
Jinhui Li, Gwang-Nam Rim, Chol-Ju An
KEYWORDS:
Transport Infrastructure (TI), Trade, Total Value of Exports and Imports (TVEI), “One Belt, One Road” (OBOR), Chinese Economy
JOURNAL NAME:
Open Journal of Business and Management,
Vol.7 No.4,
October
29,
2019
ABSTRACT: This
paper discusses the impact of transport infrastructure on trades in the Chinese
provinces directly affecting by “One Belt, One Road” initiative. That is why
infrastructure is of significance in “One Belt, One Road” initiative and one of
important purpose for initiative is to promote the unimpeded trade in China. In
this paper, authors analyzed the impact of railways and highways which are the
key elements of transport infrastructure on total value of exports and imports
in the Chinese inland provinces directly affecting by “One Belt, One Road” and
correlations between individual elements of transport infrastructure based on
data from National Bureau of Statistics of China and from some articles related
to “One Belt, One Road” and correlation and regression analysis methods. The
conclusion is that railways, highways, and port have strong correlation with
Gross Regional Products, and effects of elements of transport infrastructure
are different among inland provinces affected
by “One Belt, One Road” and this needs rational management of transport
infrastructure in promoting trade according to provinces.