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Impact of the belt and road initiative on commercial maritime power

Author

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  • Li, Kevin X.
  • Lin, Kun-Chin
  • Jin, Mengjie
  • Yuen, Kum Fai
  • Yang, Zhongzhen
  • Xiao, Yi

Abstract

Since the Belt and Road (B&R) Initiative was launched in 2013, China’s investment in ports across the globe has promoted maritime connectivity, driven performance in shipping, and strengthened its commercial maritime power. With the objective of quantitatively evaluating a country’s commercial maritime power, we develop an evaluation system based on the literature and the analytic hierarchy process (AHP)-entropy method. We analyze the evolution of 32 countries’ commercial maritime power since the inception of the B&R Initiative. The main findings are as follows. First, our evaluation system of commercial maritime power consists of a hierarchy containing 4 components, 7 elements, and 32 factors. Second, the evolution of a country’s commercial maritime power can be assessed. The results show that countries along the routes of the initiative show good performances in the evolution of commercial maritime power. Third, we find that Vietnam not China shows the highest average annual growth rate.

Suggested Citation

  • Li, Kevin X. & Lin, Kun-Chin & Jin, Mengjie & Yuen, Kum Fai & Yang, Zhongzhen & Xiao, Yi, 2020. "Impact of the belt and road initiative on commercial maritime power," Transportation Research Part A: Policy and Practice, Elsevier, vol. 135(C), pages 160-167.
    • Handle: RePEc:eee:transa:v:135:y:2020:i:c:p:160-167
    DOI: 10.1016/j.tra.2020.02.023
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    Cited by:

    1. Lee, Paul Tae-Woo & Hu, Zhi-Hua & Lee, Sangjeong & Feng, Xuehao & Notteboom, Theo, 2022. "Strategic locations for logistics distribution centers along the Belt and Road: Explorative analysis and research agenda," Transport Policy, Elsevier, vol. 116(C), pages 24-47.
    2. Ding Lu, 2022. "Introduction to the Special Issue on the Economics of the Belt and Road Initiative," International Studies of Economics, John Wiley & Sons, vol. 17(4), pages 412-416, December.
    3. Ali, Usman & Li, Yanxi & Wang, Jian-Jun & Yue, Xiaohang & Chang, Ai-Chih (Jasmine), 2021. "Dynamics of outward FDI and productivity spillovers in logistics services industry: Evidence from China," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 148(C).
    4. Sainan Zhao & Yichao Zhang & Huma Iftikhar & Atta Ullah & Jie Mao & Tiantian Wang, 2022. "Dynamic Influence of Digital and Technological Advancement on Sustainable Economic Growth in Belt and Road Initiative (BRI) Countries," Sustainability, MDPI, vol. 14(23), pages 1-16, November.
    5. Mou, Naixia & Wang, Chunying & Yang, Tengfei & Ren, Haonan & Zhang, Lingxian & Xu, Huanqing & Liu, Wenbao, 2022. "Spatiotemporal patterns of maritime trade between China and Maritime Silk Road: Evidence from a quantitative study using social network analysis," Journal of Transport Geography, Elsevier, vol. 102(C).

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