Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/142779
Authors: 
Li, Yuan
Bolton, Kierstin
Westphal, Theo
Year of Publication: 
2016
Series/Report no.: 
Duisburger Arbeitspapiere Ostasienwissenschaften 109/2016
Abstract: 
"One Belt, One Road" is an extensive and complex initiative whose potential effect and influence are still currently pending for answers. This paper addresses the following research question: What is the effect of the New Silk Road intercontinental railways on the trade between China and its trading partners in Central Asia and Europe? We focus on nine railway lines connecting Europe and China, which started operations between 2011 and 2015. The countries´ trade patterns with railway connections to China are then compared to the countries without railway connections to China. We find the intercontinental railways have a positive effect on China´s exports to its trading partners in Central Asia and Europe, especially concerning exports of manufactured goods, machinery and transport equipment, and miscellaneous manufactured articles. Moreover, the intercontinental railways have a positive effect on China´s imports of food and live animals from its trading partners.
Subjects: 
One Belt
One Road
trade
transportation cost
weapons of the rich
everyday forms of policy influence
JEL: 
F02
F14
R4
Document Type: 
Working Paper

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