Marine Geo-economy and Sustainable Use of Ocean Resources
MA Teng, LI Yi-jie, DU De-bin, HU Zhi-ding
The analysis of geo-economic relations from an industrial scale provides valuable insights into comprehending the formation of the prevailing international industrial division of labor pattern and the distribution of interests among nations. Therefore, it becomes imperative to introduce a more microscopic industrial scale into geo-economic analysis to gain a deeper understanding of these dynamics. Taking the nations surrounding the South China Sea as the research object, using national trade data, based on the geo-economic tightness model and the industrial structure similarity coefficient model, this paper calculates the geo-economic connection tightness and industrial coopetition relationship on the national and industrial scales of the nations surrounding the South China Sea from 2003 to 2021, and uses the fixed-effect model to analyze the potential influencing factors. The results reveal several significant findings. Firstly, the overall geo-economic tightness among the nations surrounding the South China Sea exhibits an upward trend, accompanied by a gradual shift in the core area from the southern to the northern region. Within the context of the industrial scale, the tightness of geo-economic relations displays an overall growth trajectory; however, notable variations in growth rates are observed across different industries. Notably, the machinery and transport equipment industry experiences a substantially higher growth rate compared to other sectors. Moreover, the geo-economic tightness within the marine industry presents a three-core pattern, characterized by opposing dynamics between the northern, southern, and eastern regions. Secondly, the industrial competition and cooperation relationship between nations surrounding the South China Sea demonstrates a multipolar development trend, with significant disparities observed among nations. The coopetition relationships across various industries exhibit relative stability on the whole, lacking any evident trend towards competition or cooperation. Nevertheless, there exists an upward trend in the disparities among industries. Furthermore, the coopetition relationship within the marine industry displays notable variations among nations, with the overall level remaining relatively high; however, the scope for geo-economic cooperation remains limited. Finally, this paper emphasizes the influence of spatial factors, natural endowment factors, institutional factors, and cultural factors on geo-economic tightness and industrial coopetition relationships across different scales and industries. It is important to note that these factors exhibit distinct variations and exert varying degrees of impact in different contexts.