Abstract
The inter-country input–output table is appropriate for presenting sophisticated inter-industry dependencies from a global perspective. Using the above table one can perceive the amount of production resources that sectors obtain from their upstream ones, as well as the number of productive capacities that sectors provide for their downstream ones. In other words, competition/collaboration occurs when sectors share the same providers/consumers because all sectors’ products and services outputted to downstream ones are limited. Thus, inter-industry competition for inputs from upstream sectors, or collaboration on outputs to downstream sectors, may be quantified with input–output matrix transformation. In this paper, a novel analytical framework of inter-industry collaborative relations is established based on the bipartite graph theory and the resource allocation process. The Collaborative Opportunity Index and Collaborative Threat index are designed to quantitatively measure the industrial influence hidden in the topological structure of the global value chain (GVC) network. Scenario simulations are carried out to forecast the potential and trends of international capacity cooperation within Asian, European, and African nations related to the Belt and Road Initiative, respectively.
Highlights
Belt and Road Initiative (BRI) is a transcontinental long-term policy and investment program which aims at infrastructure development and acceleration of the economic integration of countries along the route of the historic Silk Road
Through BRI, and optimize its own industrial structure to move to the middle and high end of multiple Industrial Value Chains (IVCs), thereby enhancing its collaborative ability on the global value chain (GVC), which is reflected by a substantial increase in the National Collaborative Opportunity Index (NCOI) in Case A and Case B
Among them: Satisfying Effect is observed when the collaborative potential of nations with a single industrial structure is satisfied, which is manifested as a decrease in NCOI; Incentive Effect is observed when the collaborative potential of nations with a diversified industrial structure is further stimulated, which is displayed as a rise in NCOI
Summary
Belt and Road Initiative (BRI) is a transcontinental long-term policy and investment program which aims at infrastructure development and acceleration of the economic integration of countries along the route of the historic Silk Road. The initiative was unveiled in 2013 by China‘s President Xi Jinping. China has entered the “New Normal” development stage of the economy, and the BRI is being implemented in depth. In March 2015, China issued an action plan which described the main objectives of the BRI. The BRI-participating economies represent more than one-third of global GDP and over half of the world’s population.
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