Impact of Transport Cost and Travel Time on Trade under China-Pakistan Economic Corridor (CPEC)

Alam, Khalid Mehmood; Li, Xuemei; Baig, Saranjam

doi:10.1155/2019/7178507

Cited by 61 publications

(53 citation statements)

References 26 publications

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“…The distance from Kashgar to the Middle East and Europe is proposed to be decreased by 11,000 to 13,000 km. (Alam, Li, and Baig, 2019). Ali, Sabir, and Bilal (2020) note that Pakistan Railways have faced a severe financial crisis in recent years so CPEC is equally beneficial for both China and Pakistan at a state level as well as for international and local businesses at micro level.…”

Section: Discussionmentioning

confidence: 99%

China-Pakistan Economic Corridor (CPEC) as a Flagship of Chinese Belt and Road Initiative

Elena¹,

Nataliya²,

Andrey³

et al. 2020

IJEBA

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Purpose: The article deals with China-Pakistan economic corridor (CPEC), which is considered to be a flagship corridor under Chinese "The Belt and Road Initiative" (BRI), also known as "One Belt One Road" or "New Silk Road". Design/Methodology/Approach: The theme of this research allows to use a combination of various widely used methods and approaches. Classical scientific research methods such as: comparative method, statistical, system approach, structural and dynamic analysis form the methodological basis of the research. Content analysis and synthesis methods were applied to identify the ideological content and essence of China-Pakistan economic corridor. Findings: The authors identify the advantages and benefits that both Pakistan and China will gain. Further promoting of «westward» strategy, which facilitates the economic and social development of Western China, boost in export of capital, technology, production capacity are considered to give a new impulse of Chinese economy development. Practical implications: The authors investigate China-Pakistan economic corridor to be Beijing's most ambitious project so far and mark, that despite possible concerns and challenges, CPEC will succeed. Originality/Value: Analysis of China-Pakistan cooperation provides the understanding of China's interests in CPEC. The current achievements of CPEC prove it to be a flagship of Chinese Belt and Road Initiative.

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Section: Discussionmentioning

confidence: 99%

China-Pakistan Economic Corridor (CPEC) as a Flagship of Chinese Belt and Road Initiative

Elena¹,

Nataliya²,

Andrey³

et al. 2020

IJEBA

View full text Add to dashboard Cite

show abstract

“…As Ahmad et al [33] suggest that because of economic globalization and liberalization, firms understand the intense competition they face: they need to diversify risk in order to achieve economies of scope and scale. Tourism has the potential to stimulate local businesses, and, in this way, the sector potentially contributes to regional economic development [34][35][36]. It is considered an opportunity in the sense that the growing level of demand increases the level of sale and profitability of firms only if firms manage and utilize all its resources well according to the situation and preferences of customers.…”

Section: Growth and Sustainability Of Mses In The Context Of The Cpecmentioning

confidence: 99%

Is the China-Pakistan Economic Corridor an Opportunity or a Threat for Small and Micro-Entrepreneurs? Empirical Evidence from Northern Pakistan

Baig

Qasim

et al. 2020

Sustainability

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Are the mega-projects an opportunity or threat for micro and small firms? This question has rarely been examined in the literature. Micro and Small Enterprises (MSEs) have always been at the forefront, playing an important role in the development of rural economies in developing countries like Pakistan. Since the China–Pakistan Economic Corridor (CPEC) project has been initiated, northern Pakistan (Gilgit-Baltistan) has witnessed a huge tourist inflow. As a result, the mushrooming of businesses along the CPEC route is a new phenomenon. The increasing trends in tourism inflow on one side offer new opportunities for MSEs while, on the other side, it increases the competition level among the firms. In the background, this research aims at contributing to existing academic scholarship on whether increasing competition is healthy for the growth and sustainability of MSEs or it might challenge their future progress. To examine this question, we carried out field surveys. Through questionnaires, we collected data for 280 micro and small firms operating in the tourism sector along the CPEC route. The study investigates current and future prospects of micro and small enterprises in the region, given that the CPEC is fostering tourism, which has its effects on the allied industries as well. The study relies on the Jovanovic (1982) model of firm growth and theory of market participation for its theoretical foundation and uses a logistic regression model as the estimation strategy. The findings suggest that the CPEC is not the only opportunity for tourism-related micro and small enterprises but also helpful for the growth of medium and large firms. The implications are that if MSEs could not prepare themselves to compete, there is a chance that medium and large firms would replace them. Growth of MSEs is conditional on easy access to finance and borrowings.

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“…The region has been dubbed the "gateway to China-Pakistan Economic Corridor". Trade and transportation are esitmated to increase manifold in the years to come (Alam et al, 2019). Diamer-Basha Dam being on the route to the corridor has merited attention by the policymakers in recent years.…”

Section: Background Of the Diamer-basha Dam And Study Areamentioning

confidence: 99%

Examining the Spending Patterns of Compensated Displaced Households (CDHs): Empirical Evidence from DiamerBasha Dam Site

Khan

Baig

Hussain

2019

GRR

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This research has two objectives. First, it explores the spending patterns of the households who receive monetary compensation for their land that government takes over for initiating national projects; in our case, it is about building the countrys largest dam. Second, it examines what we call the demonstration effects. Literature abounds with cases examining behaviors of internally displaced individuals while the opposite is true for the compensated displaced households. This is the backdrop, this research carried out a field survey to collect data for 192 households. The compensation received is divided into communal land compensation and private land compensation. In line with arguments with the Keynesian consumption function that provides the theoretical foundation to our empirical work, findings suggest a positive and significant correlation between spending patterns and private land compensation while the communal compensation appears to be insignificant. Education and one out of two demonstration effects have positive influence on spending behaviors.

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Impact of Transport Cost and Travel Time on Trade under China-Pakistan Economic Corridor (CPEC)

Cited by 61 publications

References 26 publications

China-Pakistan Economic Corridor (CPEC) as a Flagship of Chinese Belt and Road Initiative

China-Pakistan Economic Corridor (CPEC) as a Flagship of Chinese Belt and Road Initiative

Is the China-Pakistan Economic Corridor an Opportunity or a Threat for Small and Micro-Entrepreneurs? Empirical Evidence from Northern Pakistan

Examining the Spending Patterns of Compensated Displaced Households (CDHs): Empirical Evidence from DiamerBasha Dam Site

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