Silk Road Economic Belt strategy and industrial total-factor productivity: Evidence from Chinese industries

Feng, Jian and Zhao, Lingdi and Jia, Huanyu and Shao, Shuangyu,(2019), Silk Road Economic Belt strategy and industrial total-factor productivity: Evidence from Chinese industries. , Management of Environmental Quality, UNSPECIFIED

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Purpose – The purpose of this paper is to assess the effectiveness of the Silk Road Economic Belt (SREB) strategy and its role of industrial productivity in China. Design/methodology/approach – To identify the causal effect of this strategy on industrial sustainable development, the authors first use the slacks-based measure model to calculate industries’ total-factor productivity (TFP) considered with CO2 emissions as undesirable output on the provincial level. Then, the authors use the PSM-DID method to identify the difference of TFPs between provinces and industries before and after the implementation of SREB strategy. Findings – However, the authors find that there is no difference or even a relative decrease in TFPs of industries in target provinces after the implementation of the strategy, which reveals that the SREB strategy does not play a positive role of the industries’ sustainable development in years of 2014 and 2015. Originality/value – The value of this result is to identify the short-term impact of SREB strategy and to seek for probable causes and appropriate solutions
Keywords : CO2 emissions, SBM model, International expansion, Provincial industries’ total-factor productivity (TFP), PSM-DID method, Silk Road Economic Belt (SREB) strategy, UNSPECIFIED
Journal or Publication Title: Management of Environmental Quality
Volume: 30
Number: 1
Item Type: Article
Subjects: Ekonomi Pembangunan
Depositing User: Mohamad Sulamul Hadi
Date Deposited: 30 Dec 2019 07:43
Last Modified: 30 Dec 2019 07:43

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