Competition of trade and investment between Guangzhou and BRI countries : an empirical analysis based on Export Similarity Index
Trade and investment are significant aspects in economic cooperation between Guangzhou and BRI (Belt and Road Initiative) countries. To solve its economic dilemma in export and manufacturing sector, Guangzhou should try to identify the BRI regions to promote overseas production capacity cooperation,...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Journal Article |
| Language: | English |
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2018
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| Online Access: | https://hdl.handle.net/10356/90228 http://hdl.handle.net/10220/47227 |
| _version_ | 1811678557071474688 |
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| author | Luo, Xiaofei Han, Yonghui Zhang, Fan |
| author2 | Sung, Wen-Pei |
| author_facet | Sung, Wen-Pei Luo, Xiaofei Han, Yonghui Zhang, Fan |
| author_sort | Luo, Xiaofei |
| collection | NTU |
| description | Trade and investment are significant aspects in economic cooperation between Guangzhou and BRI (Belt and Road Initiative) countries. To solve its economic dilemma in export and manufacturing sector, Guangzhou should try to identify the BRI regions to promote overseas production capacity cooperation, especially in trade and investment. By dividing the BRI countries into six regional groups and using a modified ESI (Export Similarity Index) model, this paper aims to examine the level of competition between Guangzhou and various BRI regional groups from perspectives of trade and investment. From the results, we find that Guangzhou has the highest competition level with ASEAN and South Asian countries in trade while in investment, ASEAN and Central and Eastern Europe are the most potent competitors for Guangzhou. We think there are insightful implications within the empirical analysis and could promote the efficiency of Guangzhou's trade and outward investment under the BRI framework. |
| first_indexed | 2024-10-01T02:55:09Z |
| format | Journal Article |
| id | ntu-10356/90228 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T02:55:09Z |
| publishDate | 2018 |
| record_format | dspace |
| spelling | ntu-10356/902282020-11-01T08:04:02Z Competition of trade and investment between Guangzhou and BRI countries : an empirical analysis based on Export Similarity Index Luo, Xiaofei Han, Yonghui Zhang, Fan Sung, Wen-Pei Han, Tao-Yun S. Rajaratnam School of International Studies Trade and Investment Export Similarity Index DRNTU::Social sciences::Economic development Trade and investment are significant aspects in economic cooperation between Guangzhou and BRI (Belt and Road Initiative) countries. To solve its economic dilemma in export and manufacturing sector, Guangzhou should try to identify the BRI regions to promote overseas production capacity cooperation, especially in trade and investment. By dividing the BRI countries into six regional groups and using a modified ESI (Export Similarity Index) model, this paper aims to examine the level of competition between Guangzhou and various BRI regional groups from perspectives of trade and investment. From the results, we find that Guangzhou has the highest competition level with ASEAN and South Asian countries in trade while in investment, ASEAN and Central and Eastern Europe are the most potent competitors for Guangzhou. We think there are insightful implications within the empirical analysis and could promote the efficiency of Guangzhou's trade and outward investment under the BRI framework. Published version 2018-12-27T02:14:43Z 2019-12-06T17:43:33Z 2018-12-27T02:14:43Z 2019-12-06T17:43:33Z 2018 Journal Article Luo, X., Han, Y., & Zhang, F. (2018). Competition of trade and investment between Guangzhou and BRI countries : an empirical analysis based on Export Similarity Index. MATEC Web of Conferences, 175, 04032-. doi: 10.1051/matecconf/201817504032 https://hdl.handle.net/10356/90228 http://hdl.handle.net/10220/47227 10.1051/matecconf/201817504032 en MATEC Web of Conferences © 2018 The Authors, published by EDP Sciences. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. 4 p. application/pdf |
| spellingShingle | Trade and Investment Export Similarity Index DRNTU::Social sciences::Economic development Luo, Xiaofei Han, Yonghui Zhang, Fan Competition of trade and investment between Guangzhou and BRI countries : an empirical analysis based on Export Similarity Index |
| title | Competition of trade and investment between Guangzhou and BRI countries : an empirical analysis based on Export Similarity Index |
| title_full | Competition of trade and investment between Guangzhou and BRI countries : an empirical analysis based on Export Similarity Index |
| title_fullStr | Competition of trade and investment between Guangzhou and BRI countries : an empirical analysis based on Export Similarity Index |
| title_full_unstemmed | Competition of trade and investment between Guangzhou and BRI countries : an empirical analysis based on Export Similarity Index |
| title_short | Competition of trade and investment between Guangzhou and BRI countries : an empirical analysis based on Export Similarity Index |
| title_sort | competition of trade and investment between guangzhou and bri countries an empirical analysis based on export similarity index |
| topic | Trade and Investment Export Similarity Index DRNTU::Social sciences::Economic development |
| url | https://hdl.handle.net/10356/90228 http://hdl.handle.net/10220/47227 |
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