Research on the Complementarity and Comparative Advantages of Agricultural Product Trade between China and CEE Countries
—Taking Poland, Romania, Czech Republic, Lithuania and Bulgaria as Examples
—Taking Poland, Romania, Czech Republic, Lithuania and Bulgaria as Examples
Affiliation(s)
1 College of Economics Management, Huazhong Agricultural University, Wuhan, China. 2 Hubei Rural Development Research Center, Wuhan, China.
1 College of Economics Management, Huazhong Agricultural University, Wuhan, China. 2 Hubei Rural Development Research Center, Wuhan, China.
ABSTRACT
There is huge potential in agricultural product trade between China and CEE countries. Taken Poland, Romania, Czech Republic, Lithuania and Bulgaria as examples, this paper uses RCA, TCI and GL indexes to analyze the complementarity and comparative advantages between China and others. Results show that agricultural product trade between China and CEE countries has the characteristics like highly complementarity, great potential for products having comparative advantages and obvious intra-industry trade tendency. China and CEE countries should further bring out their comparative advantages, and adjust product structure of exports, achieving mutual benefit and win-win result of bilateral trade.
There is huge potential in agricultural product trade between China and CEE countries. Taken Poland, Romania, Czech Republic, Lithuania and Bulgaria as examples, this paper uses RCA, TCI and GL indexes to analyze the complementarity and comparative advantages between China and others. Results show that agricultural product trade between China and CEE countries has the characteristics like highly complementarity, great potential for products having comparative advantages and obvious intra-industry trade tendency. China and CEE countries should further bring out their comparative advantages, and adjust product structure of exports, achieving mutual benefit and win-win result of bilateral trade.
Cite this paper
Yu, C. and Qi, C. (2015) Research on the Complementarity and Comparative Advantages of Agricultural Product Trade between China and CEE Countries
—Taking Poland, Romania, Czech Republic, Lithuania and Bulgaria as Examples. Journal of Service Science and Management, 8, 201-208. doi: 10.4236/jssm.2015.82022.
Yu, C. and Qi, C. (2015) Research on the Complementarity and Comparative Advantages of Agricultural Product Trade between China and CEE Countries
—Taking Poland, Romania, Czech Republic, Lithuania and Bulgaria as Examples. Journal of Service Science and Management, 8, 201-208. doi: 10.4236/jssm.2015.82022.
References
[1] http://www.china-ceec.com/ [2] Shang, Y.H. (2012) A Characteristic Analysis of Good Trade Structure between China and Middle East European Countries. Theoretical Exploration, 6, 77-79. [3] Gong, J.-H. and Chen, X.-H. (2012) An Empirical Study of the Trade between China and Middle East European Based on Gravity Model. Prices Monthly, 11, 63-66. [4] Liu, Z.K. (2013) An Analysis of China’s Investment in Central and Eastern European Countries under the New Situation. International Studies, 1, 108-120. [5] Zhang, Q.-L. (2013) On the Complementarity of Goods Trade between China and Central and Eastern European Countries. Journal of Shanxi University (Philosophy & Social Science), 36, 111-115. [6] Dou, F.F. (2014) Central and Eastern European Countries’ Trade with China: The Extrusion and Transfer Effects in Competition. International Economic Cooperation, 1, 39-45. [7] Shang, Y.H. and Gao, Y.S. (2014) A Research on Export Product Competitiveness and Structure Effect between China and 10 Central and Eastern European Countries from 2002 to 2011: An Empirical Study Based on CMSA Model. World Economy Study, 4, 32-38. [8] Zhang, H.-S. and Xie, J. (2008) Trade of Agricultural Product between China and Eastern European Countries: An Empirical Study Based on Gravity Model. Chinese Rural Economy, 10, 45-53. [9] Fan, L.P. (2013) An Analysis of Agricultural Trade and Economic Cooperation between China and Central and Eastern European Countries. World Agriculture, 2, 7-9. [10] Balassa, B. (1965) Trade Liberalization and Revealed Comparative Advantage. The Manchester School of Economic and Social Studies, 33, 99-124.
http://dx.doi.org/10.1111/j.1467-9957.1965.tb00050.x [11] Huo, W.D. and Lu, X.J. (2014) Research on the Competitiveness and Complementarity between China and Members of the Shanghai Cooperation Organization: An Empirical Study Based on RCA, GL, ES and TI Indexes. Journal of Southwest University for Nationalities (Humanities and Social Science), 3, 110-115.
[1] http://www.china-ceec.com/ [2] Shang, Y.H. (2012) A Characteristic Analysis of Good Trade Structure between China and Middle East European Countries. Theoretical Exploration, 6, 77-79. [3] Gong, J.-H. and Chen, X.-H. (2012) An Empirical Study of the Trade between China and Middle East European Based on Gravity Model. Prices Monthly, 11, 63-66. [4] Liu, Z.K. (2013) An Analysis of China’s Investment in Central and Eastern European Countries under the New Situation. International Studies, 1, 108-120. [5] Zhang, Q.-L. (2013) On the Complementarity of Goods Trade between China and Central and Eastern European Countries. Journal of Shanxi University (Philosophy & Social Science), 36, 111-115. [6] Dou, F.F. (2014) Central and Eastern European Countries’ Trade with China: The Extrusion and Transfer Effects in Competition. International Economic Cooperation, 1, 39-45. [7] Shang, Y.H. and Gao, Y.S. (2014) A Research on Export Product Competitiveness and Structure Effect between China and 10 Central and Eastern European Countries from 2002 to 2011: An Empirical Study Based on CMSA Model. World Economy Study, 4, 32-38. [8] Zhang, H.-S. and Xie, J. (2008) Trade of Agricultural Product between China and Eastern European Countries: An Empirical Study Based on Gravity Model. Chinese Rural Economy, 10, 45-53. [9] Fan, L.P. (2013) An Analysis of Agricultural Trade and Economic Cooperation between China and Central and Eastern European Countries. World Agriculture, 2, 7-9. [10] Balassa, B. (1965) Trade Liberalization and Revealed Comparative Advantage. The Manchester School of Economic and Social Studies, 33, 99-124.
http://dx.doi.org/10.1111/j.1467-9957.1965.tb00050.x [11] Huo, W.D. and Lu, X.J. (2014) Research on the Competitiveness and Complementarity between China and Members of the Shanghai Cooperation Organization: An Empirical Study Based on RCA, GL, ES and TI Indexes. Journal of Southwest University for Nationalities (Humanities and Social Science), 3, 110-115.