Evaluating megaprojects from a sustainability perspective: a case of China-Pakistan economic corridor (CPEC)

IF 1.1 Q3 ECONOMICS

Journal of Chinese Economic and Foreign Trade Studies Pub Date : 2022-03-10 DOI:10.1108/jcefts-10-2021-0063

M. Hassan, Zeeshan Mahmood, Saleem Janjua, Numra Asif

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引用次数: 4

Abstract

Purpose This paper aims to examine the impact of various economic, social and environmental issues on the sustainable development of Pakistan, both directly and indirectly through the sustainability dimensions of China–Pakistan Economic Corridor (CPEC), a multi-billion-dollar megaproject. Design/methodology/approach Using a quantitative (deductive) methodological approach, data were collected using a strategy of an online questionnaire survey from diverse stakeholders of CPEC in Pakistan. Partial least squares-based structural equation modeling technique was used to test the relationship between observed and latent variables. Findings The results confirmed the positive impact of various economic, social and environmental issues on the sustainable development of Pakistan directly and indirectly through the partial mediation of sustainability dimensions of CPEC. Practical implications Sustainability perceptions of stakeholders about CPEC and its relationship with sustainable development are critical issues for governments and policymakers. This paper suggest how economic, social and environmental dimensions of CPEC can enhance the positive perception which is necessary for stakeholder involvement and support for megaprojects such as CPEC. Originality/value This study evaluated the megaprojects of CPEC from a sustainability perspective through stakeholders’ perceptions by proposing and testing a parsimonious research model that has never been examined in the existing literature.

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从可持续性角度评价大型项目——以中巴经济走廊为例

本文旨在通过数十亿美元的大型项目中巴经济走廊(CPEC)的可持续性维度，研究各种经济、社会和环境问题对巴基斯坦可持续发展的直接和间接影响。设计/方法/方法采用定量(演绎)方法，采用在线问卷调查策略从巴基斯坦中巴经济走廊的不同利益相关者收集数据。采用基于偏最小二乘的结构方程建模技术检验观测变量与潜在变量之间的关系。研究结果证实，通过中巴经济走廊可持续性维度的部分中介，各种经济、社会和环境问题对巴基斯坦可持续发展产生了直接和间接的积极影响。利益相关者对中巴经济走廊的可持续性看法及其与可持续发展的关系是政府和政策制定者面临的关键问题。本文建议中巴经济走廊的经济、社会和环境维度如何增强积极的认知，这对于利益相关者参与和支持中巴经济走廊等大型项目是必要的。原创性/价值本研究通过提出和测试一个在现有文献中从未被检验过的简约研究模型，从可持续性的角度通过利益相关者的感知来评估CPEC的大型项目。

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来源期刊

Journal of Chinese Economic and Foreign Trade Studies ECONOMICS-

CiteScore

3.40

自引率

4.20%

发文量

期刊介绍： The Journal of Chinese Economic and Foreign Trade Studies (JCEFTS) negotiates China''s unique position within the international economy, and its interaction across the globe. From a truly international perspective, the journal publishes both qualitative and quantitative research in all areas of Chinese business and foreign trade, technical economics, business environment and business strategy. JCEFTS publishes high quality research papers, viewpoints, conceptual papers, case studies, literature reviews and general views. Emphasis is placed on the publication of articles which seek to link theory with application, or critically analyse real situations in terms of Chinese economics and business in China, with the objective of identifying good practice in these areas and assisting in the development of more appropriate arrangements for addressing crucial issues of Chinese economics and business. Papers accepted for publication will be double–blind peer-reviewed to ensure academic rigour and integrity.