Year 2025

• The impact of China’s One-Belt One-Road initiative on international trade and global value chains

  Publication

  • Y. Lu
  • J. Wolszczak-Derlacz

  - Asia-Pacific Journal of Accounting & Economics - Year 2025

  This study examines the potential effects of China’s ‘One-Belt One-Road’initiative (OBOR) on trade flows and global value chain (GVC) connections.The empirical analysis is based on the augmented trade gravity model, which comprises 186 economies and 199 of their partners from 2000 to 2018. We also estimate the gravity model for involvement in GVC (domestic value added in intermediate exports, foreign value added in exports, and...

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Year 2024

• Essays on China's international trade - focus on One-Belt One-Road initiative

  Publication

  • Y. Lu

  - Year 2024

  This thesis explores China's international trade from trade, global value chains (GVCs) and export diversity, focusing on the "One-Belt One-Road" (OBOR) initiative proposed at the end of 2013. Specifically, I verify the potential association of OBOR with bilateral imports and exports in the first chapter. Then the relationship between OBOR and GVCs has been explored in Chapter 2. And I have extended the research in GVCs to China's...

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• Global value chains, wages, employment and labour production in China: A regional approach

  Publication

  • Y. Lu
  • E. Sica
  • J. Wolszczak-Derlacz

  - Structural Change and Economic Dynamics - Year 2024

  In this study we analyse the relationship of trade and global value chains (GVCs) to the labour market in 31 Chinese provinces for 25 sectors, by means of a system of structural equations. We firstly distinguish between provincial value chains (PVCs) and interprovincial value chains (PRVCs) in order to outline their distribution and evolution over time. Then, we investigate to what extent participation in GVCs, PVCs and PRVCs –...

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• The Belt and Road Initiative and export variety: 1996–2019

  Publication

  • Y. Lu
  • J. Wolszczak-Derlacz

  - Asian-Pacific Economic Literature - Year 2024

  This study examines the association between the Belt and Road Initiative (BRI) and export variety (EV). We propose three hypotheses on how BRI may foster export markets (destinations) or export product lines. The estimates are based on a dataset constructed specifically for this analysis, covering 183 countries and linked with trade data from 1996 to 2019. We apply the instrumental variable (IV) approach in regressions for covering the...

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Year 2022

• The role of the One-Belt One-Road initiative in China's exports and global value chains

  Publication

  • J. Wolszczak-Derlacz
  • Y. Lu

  - EQUILIBRIUM Quarterly Journal of Economics and Economic Policy - Year 2022

  Research background: China is regarded as the “world factory” highly involved in international trade and plays an increasingly important role in the global value chains (GVC). Additionally, the “One-Belt One-Road” (OBOR) initiative was proposed by the Chinese government to further promote China in the international market. Purpose of the article: The article explores the role of the OBOR in China’s exports and global value...

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Year 2021

• China’s international trade and global value chains under One-Belt One-Road initiative

  Publication

  • Y. LU

  - Year 2021

  Research background: After China acceded to the WTO in 2001, its foreign trade has expanded rapidly to be the largest share in the world. However, China's economic development changing from high-speed growth to medium high-speed growth in recent years. At the same time, the increase in labour cost and overcapacity also hinder China’s international trade. In order to solve these challenges and strengthening ties...

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