American Journal of Economics, Finance and Management
Articles Information
American Journal of Economics, Finance and Management, Vol.4, No.1, Feb. 2018, Pub. Date: Jan. 25, 2018
The Docking Between China’s “Belt & Road” and Russia’s “TETEB”
Pages: 1-12 Views: 1581 Downloads: 582
Authors
[01] Lijun Jia, SHU-UTS SILC Business School, Shanghai University, Jiading, Shanghai, P.R. China.
[02] Zhiwen Luo, SHU-UTS SILC Business School, Shanghai University, Jiading, Shanghai, P.R. China.
[03] Siyi Li, Industrial Bank Co., Ltd, Jingan Shanghai, P.R. China.
Abstract
Because of similar geographical location and common development vision, China’s “Belt & Road” and Russia's “Transcontinental Eurasian Transport-Economic Belt” (TETEB) have possibility of common development in many industries. Based on the global value chain analysis framework, we firstly uses the Trade in Value Added (TiVA) database to calculate the global value chain (GVC) participation index and position index of different industries in China and Russia, and innovatively analyzes the docking industry between two belts to find the corresponding docking mode and the path for each industry. We find that the GVC participation is relatively similar in most industries of China and Russia, and the participation index values are relatively high; China has the lower GVC status index in some industries than Russia. It will start from quantitative analysis about the division of labor of various industries of China and Russia in the global value chain, so that the docking industry can be identified.
Keywords
Global Value Chain, GVC Index, Docking Areas, Docking Modes
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