E3S Web Conf.
Volume 251, 20212021 International Conference on Tourism, Economy and Environmental Sustainability (TEES 2021)
|Number of page(s)||6|
|Section||Research on Earth Climate and Land and Ocean Resources|
|Published online||15 April 2021|
Does the “Belt & Road” Initiative Promote Total Factor Productivity in Provinces along the Route?
1 SILC Business School, Shanghai University, Jiading District, Shanghai, China
2 SILC Business School, Shanghai University, Jiading District, Shanghai, China
* Corresponding author: firstname.lastname@example.org
This paper empirically investigates the impact of the impact of “Belt & Road” initiative on total factor productivity (TFP) in provinces along the route. The DEA-Malmquist method is used to calculate TFP. Utilizing a quasi-natural experimental design, this paper finds that the “Belt & Road” Initiative has a significant positive effect on TFP in provinces along the route. The influencing mechanism is found to be increased foreign direct investment (FDI). Based on this, the paper suggests that China should further open up. Meanwhile, provinces along the route should improve infrastructure and attract more FDI. The governments should constantly enhance technological innovation.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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