Does the Belt and Road Initiative (BRI) improve environmental quality of BRI countries? Evidence from a quasi - natural experiment

Zhou, Shanxin; Wang, Yanzhen; Luo, Peng

doi:10.1080/00036846.2023.2203896

Applied Economics

2023

DOI: 10.1080/00036846.2023.2203896

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Does the Belt and Road Initiative (BRI) improve environmental quality of BRI countries? Evidence from a quasi - natural experiment

Shanxin Zhou

Yanzhen Wang

Peng Luo

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2024

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Cited by 3 publications

References 39 publications

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Assessing the Belt and Road Initiative’s environmental footprint: an impact evaluation analysis of African member countries

Elish,

AboElsoud

2024

Humanit Soc Sci Commun

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This empirical study undertakes a rigorous examination of the environmental sustainability impact of the Belt and Road Initiative (BRI) on its member countries. Employing a robust difference-in-difference quasi-natural experimental technique, our analysis spans a panel of 69 countries, covering the years from 1990 to 2022. Our primary metric for assessing ecological strain is the total Ecological Footprint consumption (EFP), measured in global hectares, which encapsulates the ecological exhaustion resulting from economic activities. This study not only contributes to the growing body of literature on the BRI’s economic, social, and environmental impacts but also distinguishes itself by providing experimental evidence of its environmental repercussions 10 years post-initiative commencement for member countries and 4 years for African countries in which the majority joined in 2018. Our findings reveal a significant increase in ecological footprint consumption among the BRI member countries after 2014, implying that participation in the BRI has contributed to heightened ecological depletion in these nations. Additionally, our analysis highlights the same impact for African countries, where ecological footprint consumption substantially escalated after joining the BRI in 2018. This pivotal discovery calls for the attention of not only the Chinese government, a driving force behind the BRI, but also all member countries partaking in this international collaboration. It signals a potential ecological deficit and future productivity impairment, urging stakeholders to reconsider and address the environmental ramifications of their endeavors.

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Assessing the Belt and Road Initiative’s environmental footprint: an impact evaluation analysis of African member countries

Elish,

AboElsoud

2024

Humanit Soc Sci Commun

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Logistics and supply chain management in the belt and road initiative: research opportunities and future challenges

Liu,

Wang,

Wang

et al. 2024

International Journal of Logistics Research and Applications

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Interregional circulation of credit resources and company innovation

Liu,

Chen,

Xiong

et al. 2024

PLoS ONE

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Although the impact of interest rates, repayment periods, and loan scales on loan consequences has been extensively studied, little attention has been paid to the geographical distance involved in loan transactions. This study collects the addresses of borrowing companies, listed companies, and banks. Nonlocal loans can be distinguished because the regional segmentations in the lending industry reflect the features of provincial boundaries. Using data from Chinese A-share listed companies from 2007 to 2022, this research explores the causes of nonlocal loans and their impact on company innovation. Nonlocal loans are found to address the lack of local credit resources rather than financial constraints, supplementing disposable capital. This interregional circulation of credit resources facilitates innovation, particularly in financially undeveloped areas. This study does not detect research and development manipulation and recognizes the increase in innovation output. The findings have implications for credit resource allocation and balanced regional development.

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Does the Belt and Road Initiative (BRI) improve environmental quality of BRI countries? Evidence from a quasi - natural experiment

Cited by 3 publications

References 39 publications

Assessing the Belt and Road Initiative’s environmental footprint: an impact evaluation analysis of African member countries

Assessing the Belt and Road Initiative’s environmental footprint: an impact evaluation analysis of African member countries

Logistics and supply chain management in the belt and road initiative: research opportunities and future challenges

Interregional circulation of credit resources and company innovation

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