Infrastructure,openness and Production Capacity Cooperation of China-ASEAN
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DOI: 10.25236/ICSM.2019.056
Author(s)
Tingyu Xie, Hongxiang Tang and Qi Li
Corresponding Author
Hongxiang Tang
Abstract
The connectivity promoted by the “One Belt And One Road” initiative has greatly enhanced the infrastructure and openness of countries along the belt and road. Whether the infrastructure and openness are “accelerators” for China-ASEAN production capacity cooperation or not is worth further study. This paper has constructed an analytical framework to analyse the impact of the continuous increase of openness on bilateral production capacity cooperation, and explored the realistic prospect of the improvement of China-ASEAN production capacity cooperation in transportation, energy, information, finance and other infrastructure under the constraints of regional economic integration. Empirical analysis of the path of infrastructure and openness to promote production capacity cooperation, the regression results show that transportation, information, energy and other infrastructure and production capacity cooperation is positive correlation, openness to promote production capacity cooperation, threshold regression further explained the infrastructure construction on the threshold of production capacity cooperation. It is of great significance to clarify the relationship between infrastructure, openness and production capacity cooperation for improving the connectivity and opening up of countries along the “One Belt and One Road”.
Keywords
Infrastructure; openness; production capacity cooperation