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Table 5 Variables considered, their indicators, and sources

From: The impact of the belt and road initiative on the Suez Canal cargo trade

Variable

Description

Unit

Symbol

Source

SC cargo trade

It is an annual indicator of the volume of global seaborne trade passing through the Suez Canal

m. t tonnes

SC

SCA

Chinese seaborne trade

It measures the volume of China's goods loaded and unloaded annually in the china's seaports

m. tonnes

CT

Clarksons Research

China’s BRI investment projects

China's outward FDI is used as a proxy for the actual BRI projects that China is investing in. Chinese investments in the world's energy, transportation, metals, technology, and real estate markets are included

m. US$

BRI

The World Bank

SC new development projects

It measures the length of a double section. It includes Suez Canal double parts, the new Suez Canal, and other development projects

kilometers

NDP

SCA