Trade values predictive model of Southeast Asia under the Belt-Road Initiative

Assessing the Belt and Road Initiative’s Impact: A Multi-Regression Model Based on Economic Interaction

“…Studies on the initiative can be broadly categorized into two levels: the political level, and the economic level. In the early stages of the Belt and Road Initiative, most studies focused on the political level [11][12][13][14][15][16]. However, with the gradual progress of the Belt and Road Initiative and its results, the proportion of studies on the economic dimension has increased significantly in the countries along the route.…”

“…However, the report's assessment was mainly based on speculation and lacked specific data support, limiting its conclusions' credibility and usefulness. To more accurately understand the impact of China's economic interactions on the economic growth and shipping performance of ASEAN countries, this study assumes that economic interactions with China have a positive impact on ASEAN's economic and shipping growth, and through the collection and analysis of specific data including (but not limited to) indicators such as the trade volume, investment volume, and the shipping connectivity index, a quantitative analysis can provide a clearer view of how the economic interactions are transformed into economic growth and prosperity of the shipping industry [16].…”