Measuring the benefits of the development strategy of the “21st century maritime silk road” via an intervention analysis approach: Evidence from China and neighbouring countries in Southeast Asia

Jiang，Xuejun1; Fu，Yingzi2

2018

10.2298/PAN160129023J

Panoeconomicus   影响因子和分区

1452-595X

2217-2386

The present study adopts a new political intervention analysis approach to evaluate the impact of the “21 Century Maritime Silk Road” (MSR) policy. The basic concept is to investigate dependence amongst cross-sectional units to construct counterfactuals without intervention. Thus, the effect of policy intervention is simply the difference between the outcomes with and without intervention. The panel data of 14 countries along MSR are used to illustrate the methodology. Real data analysis shows that the MSR policy exerts a positive effect on the trade of China and Southeast Asian countries. Furthermore, policy implications are provided based on the analysis.

Factor analysis model Panel data Political intervention analysis Time series

英语

第一

2-s2.0-85067521486

Scopus

1.Southern University of Science and Technology, Department of Mathematics, ,China
2.Kunming Science and Technology University, Faculty of Science, ,China

Jiang，Xuejun,Fu，Yingzi. Measuring the benefits of the development strategy of the “21st century maritime silk road” via an intervention analysis approach: Evidence from China and neighbouring countries in Southeast Asia[J]. Panoeconomicus,2018,65(5):551-568.

Jiang，Xuejun,&Fu，Yingzi.(2018).Measuring the benefits of the development strategy of the “21st century maritime silk road” via an intervention analysis approach: Evidence from China and neighbouring countries in Southeast Asia.Panoeconomicus,65(5),551-568.

Jiang，Xuejun,et al."Measuring the benefits of the development strategy of the “21st century maritime silk road” via an intervention analysis approach: Evidence from China and neighbouring countries in Southeast Asia".Panoeconomicus 65.5(2018):551-568.