IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v9y2017i12p2363-d123419.html
   My bibliography  Save this article

The Key Driving Forces for Geo-Economic Relationships between China and ASEAN Countries

Author

Listed:
  • Shufang Wang

    (Research Center for Energy Economics, School of Business and Administration, Henan Polytechnic University, Jiaozuo 454000, China
    Geo-studies Center, Beijing Normal University, Beijing 100875, China)

  • Xiao Xue

    (College of Computer Science and Technology, Henan Polytechnic University, Jiaozuo 454000, China)

  • Axing Zhu

    (Department of Geography, University of Wisconsin-Madison, Madison, WI 53706, USA)

  • Yuejing Ge

    (Geo-studies Center, Beijing Normal University, Beijing 100875, China
    Faculty of Geographical Science, Beijing Normal University, Beijing 100875, China)

Abstract

With the rise of China and the implementation of the “21st Century Maritime Silk Road” strategy, research on geo-economics between China and ASEAN (Association of Southeast Asian Nations) countries has become increasingly important. Current studies mainly focus on influencing factors, while there is little consideration about how these influencing factors act on geo-economic relationships. Therefore, this paper explores the key driving forces for geo-economic relationships between China and ASEAN countries by use of the structural equation modeling based on Partial Lease Squares. There are three main findings: (1) Economic factors have the greatest impact on geo-economic relationships and the total path effect is 0.778. Geo-location, geopolitics and geo-culture act on geo-economic relationships directly and indirectly. Their total path effects are 0.731, 0.645 and 0.513, respectively. (2) Indirect effects of geo-location, geopolitics and geo-culture impacting geo-economic relationships are far greater than direct effects. Geo-culture, in particular, has a vital mediating effect on geo-economic relationships. (3) Economic drivers promote geo-economic relationships through market, industrial policy, technical, network and benefit-sharing mechanisms. Political drivers improve geo-economic relationships through cooperation, negotiation, coordination and institutional mechanisms. Cultural drivers enhance geo-economic relationships through transmission mechanism. Location drivers facilitate geo-economic relationships through selection mechanism. We provide new insights on the geo-economic relationships through quantitative analysis and enrich the existing literature by revealing the key driving forces and mechanisms for geo-economic relationships.

Suggested Citation

  • Shufang Wang & Xiao Xue & Axing Zhu & Yuejing Ge, 2017. "The Key Driving Forces for Geo-Economic Relationships between China and ASEAN Countries," Sustainability, MDPI, vol. 9(12), pages 1-20, December.
    • Handle: RePEc:gam:jsusta:v:9:y:2017:i:12:p:2363-:d:123419
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/9/12/2363/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/9/12/2363/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Jenn-Jaw Soong, 2016. "The Political Economy of Development Between China and the ASEAN States: Opportunity and Challenge," Chinese Economy, Taylor & Francis Journals, vol. 49(6), pages 395-399, November.
    2. Hsin-Ning Su, 2017. "Global Interdependence of Collaborative R&D-Typology and Association of International Co-Patenting," Sustainability, MDPI, vol. 9(4), pages 1-28, April.
    3. Jenn-Jaw Soong, 2016. "The Political Economy of the GMS Development Between China and Southeast Asian Countries: Geo-Economy and Strategy Nexus," Chinese Economy, Taylor & Francis Journals, vol. 49(6), pages 442-455, November.
    4. Mikael Wigell, 2016. "Conceptualizing regional powers’ geoeconomic strategies: neo-imperialism, neo-mercantilism, hegemony, and liberal institutionalism," Asia Europe Journal, Springer, vol. 14(2), pages 135-151, June.
    5. JinHyo Joseph Yun & EuiSeob Jeong & JinSeu Park, 2016. "Network Analysis of Open Innovation," Sustainability, MDPI, vol. 8(8), pages 1-21, July.
    6. Wim Schwerdtner & Rosemarie Siebert & Maria Busse & Ulf B. Freisinger, 2015. "Regional Open Innovation Roadmapping: A New Framework for Innovation-Based Regional Development," Sustainability, MDPI, vol. 7(3), pages 1-21, February.
    7. Mikael Mattlin & Mikael Wigell, 2016. "Geoeconomics in the context of restive regional powers," Asia Europe Journal, Springer, vol. 14(2), pages 125-134, June.
    8. Shufang Wang & Axing Zhu & Yuejing Ge & Yuli Liu & Xiao Xue, 2017. "The Spatio-Temporal Evolution of Geo-Economic Relationships between China and ASEAN Countries: Competition or Cooperation?," Sustainability, MDPI, vol. 9(6), pages 1-21, June.
    9. Francesco Cappa & Fausto Del Sette & Darren Hayes & Federica Rosso, 2016. "How to Deliver Open Sustainable Innovation: An Integrated Approach for a Sustainable Marketable Product," Sustainability, MDPI, vol. 8(12), pages 1-14, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Naixia Mou & Caixia Liu & Lingxian Zhang & Xin Fu & Yichun Xie & Yong Li & Peng Peng, 2018. "Spatial Pattern and Regional Relevance Analysis of the Maritime Silk Road Shipping Network," Sustainability, MDPI, vol. 10(4), pages 1-13, March.
    2. Nguyen, Hong-Kong T. & Vuong, Quan-Hoang & Ho, Tung Manh & Vuong, Thu-Trang, 2018. "The “same bed, different dreams” of Vietnam and China: how (mis)trust could make or break it," OSF Preprints khtn5, Center for Open Science.
    3. Wei Hu & Yuejing Ge & Qin Dang & Yu Huang & Yuan Hu & Shuai Ye & Shufang Wang, 2020. "Analysis of the Development Level of Geo-Economic Relations between China and Countries along the Belt and Road," Sustainability, MDPI, vol. 12(3), pages 1-21, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Shufang Wang & Axing Zhu & Yuejing Ge & Yuli Liu & Xiao Xue, 2017. "The Spatio-Temporal Evolution of Geo-Economic Relationships between China and ASEAN Countries: Competition or Cooperation?," Sustainability, MDPI, vol. 9(6), pages 1-21, June.
    2. Yi Liang & Mingxing Chen & Dadao Lu & Zijin Ding & Zhi Zheng, 2019. "The Spatial Evolution of Geoeconomic Pattern among China and Neighboring Countries since the Reform and Opening-Up," Sustainability, MDPI, vol. 11(7), pages 1-17, April.
    3. Wei Hu & Yuejing Ge & Qin Dang & Yu Huang & Yuan Hu & Shuai Ye & Shufang Wang, 2020. "Analysis of the Development Level of Geo-Economic Relations between China and Countries along the Belt and Road," Sustainability, MDPI, vol. 12(3), pages 1-21, January.
    4. Kimpimäki, Jaan-Pauli & Malacina, Iryna & Lähdeaho, Oskari, 2022. "Open and sustainable: An emerging frontier in innovation management?," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
    5. Emil Kirchner, 2024. "Geo-economic and geopolitical developments in EU-asia security relations," Asia Europe Journal, Springer, vol. 22(3), pages 333-349, September.
    6. Liu, Haiyun & Islam, Mollah Aminul & Khan, Muhammad Asif & Hossain, Md Ismail & Pervaiz, Khansa, 2020. "Does financial deepening attract foreign direct investment? Fresh evidence from panel threshold analysis," Research in International Business and Finance, Elsevier, vol. 53(C).
    7. Francesco Cappa & Fausto Del Sette & Darren Hayes & Federica Rosso, 2016. "How to Deliver Open Sustainable Innovation: An Integrated Approach for a Sustainable Marketable Product," Sustainability, MDPI, vol. 8(12), pages 1-14, December.
    8. Hayes, Darren R. & Cappa, Francesco, 2018. "Open-source intelligence for risk assessment," Business Horizons, Elsevier, vol. 61(5), pages 689-697.
    9. JinHyo Joseph Yun & Tan Yigitcanlar, 2017. "Open Innovation in Value Chain for Sustainability of Firms," Sustainability, MDPI, vol. 9(5), pages 1-8, May.
    10. Taeyeoun Roh & Yujin Jeong & Byungun Yoon, 2017. "Developing a Methodology of Structuring and Layering Technological Information in Patent Documents through Natural Language Processing," Sustainability, MDPI, vol. 9(11), pages 1-19, November.
    11. Sukrit Vinayavekhin & Robert Phaal, 2019. "Synchronization in Strategic Planning: A Roadmapping Framework," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 16(06), pages 1-21, October.
    12. Berns, John P. & Jia, Yankun & Gondo, Maria, 2022. "Crowdfunding success in sustainability-oriented projects: An exploratory examination of the crowdfunding of 3D printers," Technology in Society, Elsevier, vol. 71(C).
    13. Tao Song & Weidong Liu & Zhigao Liu & Yeerken Wuzhati, 2019. "Policy Mobilities and the China Model: Pairing Aid Policy in Xinjiang," Sustainability, MDPI, vol. 11(13), pages 1-17, June.
    14. Troy Sternberg & Ariell Ahearn & Fiona McConnell, 2017. "Central Asian ‘Characteristics’ on China’s New Silk Road: The Role of Landscape and the Politics of Infrastructure," Land, MDPI, vol. 6(3), pages 1-16, August.
    15. Jakob Pohlisch, 2020. "Internal Open Innovation—Lessons Learned from Internal Crowdsourcing at SAP," Sustainability, MDPI, vol. 12(10), pages 1-22, May.
    16. Maria Federica Cordova & Andrea Celone, 2019. "SDGs and Innovation in the Business Context Literature Review," Sustainability, MDPI, vol. 11(24), pages 1-14, December.
    17. Dae Geon Kim & Sang Ok Choi, 2018. "Impact of Construction IT Technology Convergence Innovation on Business Performance," Sustainability, MDPI, vol. 10(11), pages 1-16, October.
    18. Mohsen Bahmani-Oskooee & Tatchawan Kanitpong, 2019. "Asymmetric Effects of Exchange Rate Changes on Thailand-China Commodity Trade: Evidence From 45 Industries," Chinese Economy, Taylor & Francis Journals, vol. 52(3), pages 203-231, May.
    19. Baoshan Ge & Fan Sheng & Yang Gao & Sang-Bing Tsai & Xiaomin Du, 2018. "“Green Ocean Treasure Hunting” Guided by Policy Support in a Transitional Economy," Sustainability, MDPI, vol. 10(2), pages 1-17, February.
    20. Michel Noussan & Benedetto Nastasi, 2018. "Data Analysis of Heating Systems for Buildings—A Tool for Energy Planning, Policies and Systems Simulation," Energies, MDPI, vol. 11(1), pages 1-15, January.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:9:y:2017:i:12:p:2363-:d:123419. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.