Research on Interaction Mechanism Between China’s Manufacture NVC and “Belt & Road Initiative “ RVC – Based on Simultaneous Equation Model
- 10.2991/aebmr.k.201211.005How to use a DOI?
- Manufacture national value chain (NVC), Belt & Road Initiative Regional value chain (BRI RVC), Interactive mechanism, Simultaneous equation model
This paper aims to study interaction mechanism between China’s manufacture national value chain (NVC) and “Belt & Road Initiative” regional value chain (RVC). It starts from calculation of interaction coefficient, which is described by value chain position index, and then uses simultaneous equation model and 2SLS & 3SLS methods to make an empirical analysis. The paper draws the conclusion that NVC of Chinese manufacture industry and RVC of “BRI” have mutual positive effects, the regression elastic coefficient of ln nvc to ln rvc is 1.078, and the elastic coefficient of ln rvc against ln nvc is 2.367.
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Nina Zhu AU - Yingqiao Qin PY - 2020 DA - 2020/12/14 TI - Research on Interaction Mechanism Between China’s Manufacture NVC and “Belt & Road Initiative “ RVC – Based on Simultaneous Equation Model BT - Proceedings of the Fifth International Conference on Economic and Business Management (FEBM 2020) PB - Atlantis Press SP - 24 EP - 28 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.201211.005 DO - 10.2991/aebmr.k.201211.005 ID - Zhu2020 ER -