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Does the belt and road initiative stimulate Chinese exports? Evidence from micro data

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  • Holger Görg
  • Haiou Mao

Abstract

This paper evaluates firms' exporting responses to BRI and considers their heterogeneity in ownership types, product types, regional origin and trade mode. This is done by analysing firm–product–destination‐level customs data from 2008 to 2016. Our empirical results show that aggregate export behaviour increased significantly after BRI. However, ownership matters when evaluating firms' reactions, with SOEs and foreign firms benefitting, but privately owned domestic firms not. Furthermore, our results on regional heterogeneity suggest that ‘open through the west’, that is boosting the development of western regions in China, did not appear to work in the short term. Our findings show clearly the implications of BRI's impact from a firm‐level perspective.

Suggested Citation

  • Holger Görg & Haiou Mao, 2022. "Does the belt and road initiative stimulate Chinese exports? Evidence from micro data," The World Economy, Wiley Blackwell, vol. 45(7), pages 2084-2100, July.
    • Handle: RePEc:bla:worlde:v:45:y:2022:i:7:p:2084-2100
    DOI: 10.1111/twec.13258
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    1. Lingduo Jiang & Guofeng Zhang & Hang Zhang, 2023. "The role of the Belt and Road Initiative: New opportunity for Chinese exporters?," The World Economy, Wiley Blackwell, vol. 46(6), pages 1609-1647, June.

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