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This paper presents estimates of time-varying income elasticities of demand for energy and metal commodities. The …, estimates for aggregate metals and energy differ by an order of magnitude throughout the income spectrum: from a low of 0.2 for …
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This paper takes a first look at the trade effects of China's Belt and Road Initiative, also referred to as the New Silk Road, on the 71 countries potentially involved. The initiative consists of several infrastructure investment projects to improve the land and maritime transportation in the...
Persistent link: https://www.econbiz.de/10012002696
environmental risks. Some projects have easily identifiable and measurable impacts, such as energy projects' greenhouse gas …
Persistent link: https://www.econbiz.de/10012004784
China's Belt and Road Initiative aims to improve connectivity between China and more than 70 countries through infrastructure investment and regional cooperation. The initiative has the potential to accelerate significantly the rate of economic integration and development in the region, as trade...
Persistent link: https://www.econbiz.de/10012008384
This paper studies the impact of transport infrastructure projects of the Belt and Road Initiative on shipment times and trade costs. Based on a new data on completed and planned Belt and Road transport projects, Geographic Information System analysis is used to estimate shipment times before...
Persistent link: https://www.econbiz.de/10011947471
This paper collects meta data on transport corridor projects financed by the Asian Development Bank, Japan International Cooperation Agency, and World Bank and links them to one important wider economic benefit-local economic activity. The meta data cover 47 projects in 16 countries, with...
Persistent link: https://www.econbiz.de/10012167863
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