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Estimating Oil/Natural Gas Trade Competitiveness and Cooperation Status of Main OBOR Countries: Perspective of Industry Chains |
Zhejiang University of Science & Technology |
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Abstract This paper measures and compares oil/natural gas trade competitiveness and cooperation status of main countries related to One Belt One Road Initiative (OBOR) from the perspective of industry chains. Major findings are: China and Indias industry chain competitiveness is mainly reflected in the downstream sectors such as synthetic fiber. Main oil and gas exporting countries hold crude oil and gas trade competitiveness, but lack competiveness and comparative advantage in downstream sectors. Channel states are weak in different sectors of chain competitiveness, and competitiveness and comparative advantage of middle-sized oil/gas countries is not prominent. Chinas cooperation status with the main OBOR countriesis highest incrude oil/gas import, which is followed by synthetic fiber and synthetic resin export, but the cooperation status of main OBOR countries is weak in organic chemicals and synthetic rubber. Further emphasis on oil/gas cooperation of main OBOR countries should be paid to the combination of competitiveness and the match of comparative advantage.
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