Publications

Highlights:

• Analyses the potential effects on bilateral trade movements of the reconfiguration of maritime networks brought about by the Belt and Road Initiative (BRI).
• Gravity model of international trade is applied to examine the hypothesized impact of maritime network reconfiguration on the bilateral trade between nine exporting countries and their 128 trading partners.
• The results show that the estimated coefficient for the number of transshipments is negative, revealing an inverse relationship between transshipments and bilateral exports.
• In general terms, the BRI-driven reconfiguration of maritime supply networks is linked to an improvement in the productivity of nine exporting countries.

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Cite this article:

Saeed, Naima, Cullinane, Kevin, Gekara, Victor, & Chhetri, Prem. (2021). Reconfguring maritime networks due to the Belt and Road Initiative: impact on bilateral trade flows. https://doi.org/10.1057/s41278-021-00192-9