Comparative Studies on Trade and Value-Added Trade along the “Belt and Road”: A Network Analysis

With the deepening of regional industrial transfer, traditional trade data cannot fully explain the real level of trade in a region. This paper aims to reveal the changing pattern of real trade along the “Belt and Road” by establishing a value-added trade (VAT) network of the “Belt and Road” countri...

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Autores principales:	Guangjun Sui, Jialing Zou, Shuang Wu, Danling Tang
Formato:	article
Lenguaje:	EN
Publicado:	Hindawi-Wiley 2021
Materias:	Electronic computers. Computer science QA75.5-76.95
Acceso en línea:	https://doaj.org/article/a03e59cd93dc4baf9e1a09fcc9b21a0d
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spelling	oai:doaj.org-article:a03e59cd93dc4baf9e1a09fcc9b21a0d2021-11-15T01:19:15ZComparative Studies on Trade and Value-Added Trade along the “Belt and Road”: A Network Analysis1099-052610.1155/2021/3994004https://doaj.org/article/a03e59cd93dc4baf9e1a09fcc9b21a0d2021-01-01T00:00:00Zhttp://dx.doi.org/10.1155/2021/3994004https://doaj.org/toc/1099-0526With the deepening of regional industrial transfer, traditional trade data cannot fully explain the real level of trade in a region. This paper aims to reveal the changing pattern of real trade along the “Belt and Road” by establishing a value-added trade (VAT) network of the “Belt and Road” countries and comparing it with the trade network. Applying a network method, we analyze and compare the structures, characteristics, evolutions, and underlying dynamisms of both networks. With a thorough interpretation and visualization of the network density, network centrality, trade communities, and influencing factors of both networks in the three time sections of 2005, 2010, and 2015, we come to the following findings: (1) the connectivity of both networks has been greatly enhanced, reflecting a more integrated regional economy. (2) The center-external structure of both networks has been further strengthened and the polarization of the VAT network is more obvious than that of the trade network. (3) The organizations of trade communities and VAT communities are largely different. Specifically, China rapidly increased its core position in the VAT network and incorporated more and more countries into its VAT community. (4) The underlying factors have similar impacts on both networks. While the growth of regional economic size and free trade agreements will enhance both trade and VAT, the economic gaps and population differences among the “Belt and Road” countries will prohibit regional economic ties. Based on these findings, we propose suggestions on further regional economic cooperation by taking advantage of China’s core position to promote regional VAT, construct broad trade channels, and enhance trade governance.Guangjun SuiJialing ZouShuang WuDanling TangHindawi-WileyarticleElectronic computers. Computer scienceQA75.5-76.95ENComplexity, Vol 2021 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Electronic computers. Computer science QA75.5-76.95
spellingShingle	Electronic computers. Computer science QA75.5-76.95 Guangjun Sui Jialing Zou Shuang Wu Danling Tang Comparative Studies on Trade and Value-Added Trade along the “Belt and Road”: A Network Analysis
description	With the deepening of regional industrial transfer, traditional trade data cannot fully explain the real level of trade in a region. This paper aims to reveal the changing pattern of real trade along the “Belt and Road” by establishing a value-added trade (VAT) network of the “Belt and Road” countries and comparing it with the trade network. Applying a network method, we analyze and compare the structures, characteristics, evolutions, and underlying dynamisms of both networks. With a thorough interpretation and visualization of the network density, network centrality, trade communities, and influencing factors of both networks in the three time sections of 2005, 2010, and 2015, we come to the following findings: (1) the connectivity of both networks has been greatly enhanced, reflecting a more integrated regional economy. (2) The center-external structure of both networks has been further strengthened and the polarization of the VAT network is more obvious than that of the trade network. (3) The organizations of trade communities and VAT communities are largely different. Specifically, China rapidly increased its core position in the VAT network and incorporated more and more countries into its VAT community. (4) The underlying factors have similar impacts on both networks. While the growth of regional economic size and free trade agreements will enhance both trade and VAT, the economic gaps and population differences among the “Belt and Road” countries will prohibit regional economic ties. Based on these findings, we propose suggestions on further regional economic cooperation by taking advantage of China’s core position to promote regional VAT, construct broad trade channels, and enhance trade governance.
format	article
author	Guangjun Sui Jialing Zou Shuang Wu Danling Tang
author_facet	Guangjun Sui Jialing Zou Shuang Wu Danling Tang
author_sort	Guangjun Sui
title	Comparative Studies on Trade and Value-Added Trade along the “Belt and Road”: A Network Analysis
title_short	Comparative Studies on Trade and Value-Added Trade along the “Belt and Road”: A Network Analysis
title_full	Comparative Studies on Trade and Value-Added Trade along the “Belt and Road”: A Network Analysis
title_fullStr	Comparative Studies on Trade and Value-Added Trade along the “Belt and Road”: A Network Analysis
title_full_unstemmed	Comparative Studies on Trade and Value-Added Trade along the “Belt and Road”: A Network Analysis
title_sort	comparative studies on trade and value-added trade along the “belt and road”: a network analysis
publisher	Hindawi-Wiley
publishDate	2021
url	https://doaj.org/article/a03e59cd93dc4baf9e1a09fcc9b21a0d
work_keys_str_mv	AT guangjunsui comparativestudiesontradeandvalueaddedtradealongthebeltandroadanetworkanalysis AT jialingzou comparativestudiesontradeandvalueaddedtradealongthebeltandroadanetworkanalysis AT shuangwu comparativestudiesontradeandvalueaddedtradealongthebeltandroadanetworkanalysis AT danlingtang comparativestudiesontradeandvalueaddedtradealongthebeltandroadanetworkanalysis
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Comparative Studies on Trade and Value-Added Trade along the “Belt and Road”: A Network Analysis

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