Quantitative Dynamics Effects of Belt and Road Economies Trade Using Structural Gravity and Neural Networks

Autor: Williams Ayivi, Li Yao, Edem Koffi Amouzou, Koffi Dumor, Jean-Paul Ainam
Rok vydání: 2021
Předmět:
Zdroj: SAGE Open, Vol 11 (2021)
ISSN: 2158-2440
DOI: 10.1177/21582440211032662
Popis: Recent research suggests that China’s Belt and Road Initiative (BRI) would improve the bilateral trade between China and its partners. This article uses detailed bilateral export data from 1990 to 2017 to investigate the impact of China’s BRI on its trade partners using neural network analysis techniques and structural gravity model estimations. Our main findings suggest that the BRI countries would raise exports by a modest 5.053%. This indicates that export and network upgrades should be considered from economic and policy perspectives. The results also show that neural networks is more robust compared with structural gravity framework.
Databáze: OpenAIRE