Trade intervention under the Belt and road initiative with Asian economies

Ghatak, Sunetra and Roy, Sayantan (2023) Trade intervention under the Belt and road initiative with Asian economies. In: Quantum Decision Theory and Complexity Modelling in Economics and Public Policy. Springer, Cham, pp. 217-230. ISBN 9783031388323

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Abstract

International trade and association are the key contributors to economic integration and cohesion. The Belt and Road Initiative (BRI) is an auspicious development initiation taken by the Chinese government to endorse the logistics and infrastructure expansion under the One Belt One Road (OBOR) so that economic cohesion can be achieved between China and its trading partners. After half a decade of the BRI initiative, arguments have been elevated whether this remained profitable for the connected partner countries in the long run. Against this backdrop, this paper tries to estimate the trade performance of participating and connecting country’s using the traditional gravity model along with neural network model. The paper is set to examine whether the BRI is certainly a worthwhile initiative for Asian economics by associating the relative estimation powers of the two mentioned techniques using bilateral trade flow from 1990 to 2019 of 32 Asian partner countries.

Item Type: Book Section
Keywords: Trade | BRI | Gravity Model | Neural Network Analysis
Subjects: Social Sciences and humanities > Social Sciences > Social Sciences (General)
JGU School/Centre: Jindal School of Government and Public Policy
Depositing User: Amees Mohammad
Date Deposited: 25 Sep 2023 16:17
Last Modified: 09 Oct 2023 13:31
Official URL: https://link.springer.com/chapter/10.1007/978-3-03...
URI: https://pure.jgu.edu.in/id/eprint/6685

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