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<p>The paper calculates the economic system coupling coordination level of the countries along the Belt and Road Initiative (BRI) from 2000 to 2020. On this basis, the paper analyzes the eco-economic effects and mechanisms of the BRI using the difference-in-difference method. The research shows that the “Belt and Road” initiative will significantly improve the eco-economic system coupling coordination level of participating countries. A series of robustness tests, including parallel trend test, placebo test, control of other policy impacts, and replacement of the “Belt and Road” occurrence time, all show that this promoting effect exists. Second, the “Belt and Road” initiative has improved the coupling coordination level of eco-economic systems through trade and investment behavior, but its driving role still needs to be strengthened. The study confirms the global value of the BRI and offers a reference for crafting appropriate policies to enhance the sustainable development level of countries in the BRI.</p>
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The paper calculates the economic system coupling coordination level of the countries along the Belt and Road Initiative (BRI) from 2000 to 2020. On this basis, the paper analyzes the eco-economic effects and mechanisms of the BRI using the difference-in-difference method. The research shows that the “Belt and Road” initiative will significantly improve the eco-economic system coupling coordination level of participating countries. A series of robustness tests, including parallel trend test, placebo test, control of other policy impacts, and replacement of the “Belt and Road” occurrence time, all show that this promoting effect exists. Second, the “Belt and Road” initiative has improved the coupling coordination level of eco-economic systems through trade and investment behavior, but its driving role still needs to be strengthened. The study confirms the global value of the BRI and offers a reference for crafting appropriate policies to enhance the sustainable development level of countries in the BRI.

Effects of the BRI on Sustainable Development Evidence from a Panel Difference-In-Differences Method

Beijing Technology and Business University

Applied Mathematics and Nonlinear Sciences

This work is licensed under the Creative Commons Attribution 4.0 International License.

The paper calculates the economic system coupling coordination level of the countries along the Belt and Road Initiative (BRI) from 2000 to 2020. On this...

Effects of the BRI on Sustainable Development Evidence from a Panel Difference-In-Differences Method

Published Online: Jun 07, 2024

Page range: -

Received: Feb 27, 2024

Accepted: May 01, 2024

DOI: https://doi.org/10.2478/amns-2024-1409

Keywords
Belt and Road Initiative (BRI), Sustainable development, Ecological-economic system, Difference-indifferences

© 2024 Jinghan Huang et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Effects of the BRI on Sustainable Development Evidence from a Panel Difference-In-Differences Method

Published Online: Jun 07, 2024

Page range: -

Received: Feb 27, 2024

Accepted: May 01, 2024

DOI: https://doi.org/10.2478/amns-2024-1409

KeywordsBelt and Road Initiative (BRI), Sustainable development, Ecological-economic system, Difference-indifferences

© 2024 Jinghan Huang et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Keywords
Belt and Road Initiative (BRI), Sustainable development, Ecological-economic system, Difference-indifferences