China's New Silk Road: Policies and Implications

Title
China's New Silk Road: Policies and Implications
Authors
이준엽
Keywords
China’s New Silk Road, Social Network Analysis, Degree Centrality
Issue Date
2015-09
Publisher
JOURNAL OF INTL LOGISTICS AND TRADE
Series/Report no.
JOURNAL OF INTL LOGISTICS AND TRADE ; 13권 2호 pp55~70
Abstract
Using the Social Network Analysis(SNA) method, this paper examines inter-country relationships between countries that may be part of the New Silk Road. Based on bilateral-trade data from more than 70 countries, the paper provides a more vivid understanding of overall features and effects of the New Silk Road policy. According to the results, India, Turkey, and Russia have the highest degree centrality, indicating that the success of the New Silk Road policy depends mainly on the ability of the Chinese government to incorporate these countries. Among European countries, only Germany can be successfully incorporated into the New Silk Road network. In addition, Central Asian countries such as Kazakhstan and Uzbekistan show no potential as hubs in the network. Most importantly, China has a dominant position in the New Silk Road network. China's focal and dominating status is also supported by the fact that there is no change in the clustering coefficient in the network, which implies that the Chinese government has to absorb into the system those countries that are less likely to benefit from the policy.
URI
http://doi.org/10.24006/jilt.2015.13.2.004
http://dspace.inha.ac.kr/handle/10505/55815
ISSN
1738-2122
Appears in Collections:
College of Business Administration (경영대학) > International Trade (국제통상학) > Journal Papers, Reports(국제통상학 논문, 보고서)
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