中国科学院机构知识库网格
Chinese Academy of Sciences Institutional Repositories Grid
The impact of the belt and road initiative on Chinese PV firms' export expansion

文献类型:期刊论文

作者Zhu, Xiangdong2; Gu, Zhutong3; He, Canfei1; Chen, Wei5
刊名ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY
出版日期2023-08-09
卷号N/A
关键词The belt and road initiative PV Export expansion Trade deflection Trade protection
DOI10.1007/s10668-023-03705-z
文献子类Article ; Early Access
英文摘要The photovoltaic (PV) industry experienced a drastic overcapacity, leading to heightened market competition in 2009. After the overcapacity, the EU and the USA initiated trade barriers targeting Chinese PV goods in 2011, stimulating China to seek alternative markets. In 2013, China announced the Belt and Road Initiative (BRI). Although the BRI is a framework of international cooperation instead of a specific strategy that aims at PV industry, its role in helping Chinese PV firms deal with the trade sanction should be addressed. Based on the data from Chinese Custom Trade Statistics spanning 2009 to 2016, this paper precisely quantifies the extent of PV trade deflection from China to BRI markets that can be ascribed to the BRI effects. Employing spatial analysis, we manifest the trade deflection on maps. Moreover, we adopt the linear probability models and panel logit models to investigate the impact of BRI on China's PV export expansion. The results show that BRI markets provide a buffer area for Chinese PV enterprises to alleviate their loss caused by trade sanctions. The BRI facilitated 4751 million more PV products conveyed from China to BRI markets from 2013 to 2016, occupying about 33.25% of the total export from China to BRI markets. Chinese PV firms prefer to explore the BRI markets than the rest of the world. Compared to state-owned enterprises (SOEs), non-SOEs are more active in entering BRI countries. However, no significant difference had been detected in BRI effects on SOEs and non-SOEs. It was noted that a robust local industrial basement related to the PV industry can potentially ease firms' transition to BRI markets. Comparatively, firms situated in central China have benefited more from the BRI than their counterparts in the coastal and western regions. Furthermore, the BRI encourages Chinese PV enterprises to venture into countries with low economic complexity. This paper provides novel insights into BRI by validating BRI's effects on Chinese PV firms' export expansion. On the one hand, unlike previous BRI research that rarely considers the unstable external environment, we validate that the BRI can provide a spare market for China when it competes with developed countries. On the other hand, by investigating the roles of firms, regions and destinations, our results are enlightening for renewable energy industrial and trade policymakers.
WOS关键词ECONOMIC COMPLEXITY ; ENERGY ; TRADE ; COUNTRIES ; INVESTMENT ; SPILLOVERS ; GOVERNANCE ; TRANSITION ; INDUSTRY ; CONTEXT
WOS研究方向Science & Technology - Other Topics ; Environmental Sciences & Ecology
WOS记录号WOS:001043067700005
源URL[http://ir.igsnrr.ac.cn/handle/311030/200882]  
专题区域可持续发展分析与模拟院重点实验室_外文论文
作者单位1.Meituan Inc, Shanghai 200090, Peoples R China
2.Guangdong Inst Publ Adm, Dept Soc & Ecol Civilizat, Guangzhou 510053, Peoples R China
3.Peking Univ, HSBC Business Sch, Shenzhen 518055, Peoples R China
4.Chinese Acad Sci, Inst Geog Sci & Nat Resources Res, Beijing 100101, Peoples R China
5.Peking Univ, Coll Urban & Environm Sci, Beijing 100871, Peoples R China
推荐引用方式
GB/T 7714
Zhu, Xiangdong,Gu, Zhutong,He, Canfei,et al. The impact of the belt and road initiative on Chinese PV firms' export expansion[J]. ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY,2023,N/A.
APA Zhu, Xiangdong,Gu, Zhutong,He, Canfei,&Chen, Wei.(2023).The impact of the belt and road initiative on Chinese PV firms' export expansion.ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY,N/A.
MLA Zhu, Xiangdong,et al."The impact of the belt and road initiative on Chinese PV firms' export expansion".ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY N/A(2023).

入库方式: OAI收割

来源:地理科学与资源研究所

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