Korea Trade Review (무역학회지)

Korea Trade Research Association (한국무역학회)
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The Impacts of China's Belt and Road Initiative (BRI) on the Trade Patterns of Tanzania

중국 일대일로 정책이 탄자니아 무역패턴에 미치는 영향

  • Oscar M. Malela (Department of International Trade, Keimyung University) ;
  • Tae-Hee Lee (School of Economics and Commerce, Keimyung University)
  • 오스카 말레라 (계명대학교 일반대학원 무역학과) ;
  • 이태희 (계명대학교 경제통상학부 국제통상학전공)
  • Received : 2020.11.26
  • Accepted : 2021.06.28
  • Published : 2021.06.30
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Abstract

The Belt and Road Initiative (BRI) is designed to intensify bilateral trade between China and the BRI countries through the improvement of transportation connections. However, little research has empirically investigated the impacts of this policies on the trade patterns. This paper attempts to evaluate the impacts of BRI on the trade patterns of Tanzania. Our study extends the original gravity model of bilateral trade by adding GDP per capita, population and proximity as the explanatory variables. According to our research, we observed that the BRI significantly impacted the Tanzania's trade patterns, as it led to the increase of bilateral trade flow between Tanzania and China more importantly between Tanzania and its adjacent countries. It indicates that the Belt and Road Initiative (BRI) has boosted Tanzania's trade exclusively, hence the Tanzania's export sector earns greater trading potential with the adjacent countries.

Keywords

References

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