The impact of the belt and road initiative on Chinese PV firms’ export expansion

Zhu, Xiangdong; Gu, Zhutong; He, Canfei; Chen, Wei

doi:10.1007/s10668-023-03705-z

Cited by 1 publication

(3 citation statements)

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“…Given the nascent state of research employing block models for clustering analysis in the solar PV products trade, particularly among BRI countries, an in-depth comparative analysis is challenging at this stage. However, the findings align with existing literature that discusses the export-oriented nature of renewable energy trade within the BRI (Zhu et al, 2023) [63] and the evolving dynamics of energy trade in emerging markets (Leng et al, 2020; Lin and Bega, 2021) [4,64].…”

Section: Discussionsupporting

confidence: 85%

“…The evolving dynamics of the network can be further understood through complex adaptive systems theory, which posits that trade networks are not static but evolve over time through the interactions of their constituent entities (Holland, 1992) [67]. This multi-theoretical framework not only enriches our understanding of the solar PV products trade network, but also aligns with existing literature on the export-oriented nature and evolving dynamics of energy trade in emerging markets (Leng et al, 2020;Lin and Bega, 2021;Zhu et al, 2023) [4,63,64].…”

Section: Discussionmentioning

confidence: 59%

“…Unlike previous studies that primarily focus on socio-economic variables such as per capita GDP, urbanization level, and population size (Leng et al, 2020; Lin and Bega, 2021) [4,64], this paper adopts a novel approach by examining the role of the 'Five Connectivity' in the development and evolution of the solar PV products trade network. This approach is instrumental in not only identifying the drivers of trade network evolution, but also in assessing the effectiveness of the BRI's construction (Zhu et al, 2023) [63].…”

Section: Discussionmentioning

confidence: 99%

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Evolutionary Analysis of the Solar Photovoltaic Products Trade Network in Belt and Road Initiative Countries from an Economic Perspective

Hu,

Huang

2023

Energies

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Against the backdrop of global energy transition and the imperative for sustainable development, the trade dynamics of solar photovoltaic (PV) products among “Belt and Road Initiative (BRI)” countries gained momentum. This study investigates the evolving trade patterns of PV products within BRI nations, alongside the underlying determinants. The paper constructs and analyzes a solar PV product trade network, elucidating evolutionary trends, structural complexities, and clusters. A novel centrality influence model explores influencing factors across five dimensions. Methodologically, trade data, the “Five Connectivity” framework, and socio-economic indicators from 2001 to 2022 across 65 BRI countries underpin the study. Empirical insights reveal a robust PV product trade network with density exceeding 0.4 and reciprocity surpassing 0.38. China’s rising centrality, reflected in a weighted degree surge from 14.38 to 79.37 since 2011, signifies its consolidation within the network. Results show sustained high density and reciprocity in the PV trade network, signaling robust communication among BRI countries. China’s centrality in the network has consistently grown since 2011. Trade cluster analysis reveals isolated segments predominant, depicting emerging economies with limited photovoltaic exchanges, mainly export-focused. The study highlights the pivotal role of “Five Connectivity” dimensions in promoting PV trade, while financial connectivity’s impact remains modest. The emergence of PV product centers challenges traditional energy hubs, prompting the need for new energy trading paradigms and robust financial hubs.

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Section: Discussionsupporting

confidence: 85%