A Gravity Model of China's Agricultural Trade Balance: Empirical Tests

Author(s):  
Mingrong Wang ◽  
Mingxi Wang ◽  
Liqiang Shi ◽  
Bin Hu
2019 ◽  
Vol 1 (1) ◽  
pp. 18-37
Author(s):  
Muhammad Arif Junaidi

Using trade flows data of ASEAN countries and China from 2002 to 2017, this studyestimates the impact of ACFTA on ASEAN countries and China’s trade balance in general,and also for Indonesia’s trade balance in specific by elaborating the impact of ACFTA onthe trade flows both exports and imports. Using the gravity model and estimating by OLSand PPML, this paper finds that the impact of tariffs elimination due to the implementationof ACFTA increased exports and imports for ASEAN countries and China in general, andfor Indonesia in particular. However, the aggregate trade balances of ASEAN membercountries and China is zero since the impact of ACFTA on imports offset the impact ofACFTA on exports. Tariff’s elimination due to the implementation of ACFTA on Indonesiashows a negative and statistically insignificant effect on imports and exports. Thus, tariffshave not played significant role on increasing Indonesia’s exports and imports. As a result,the impact of ACFTA on Indonesia’s trade balance cannot be quantified clearly since theimpact of tariffs on exports and imports are not significant.


2018 ◽  
Vol 6 (1) ◽  
pp. 41-57
Author(s):  
Purwono Nugroho ◽  
Muhammad Firdaus ◽  
Alla Asmara

There have been growing concerns about the effects of food safety standards on agricultural trade throughout the world. One of the food safety standards applied in international trade is the adoption of maximum residue limits of pesticides. This research uses panel gravity model to analyze the effect of maximum residual limit (MRL) of pesticides imposed by importing countries on export of Indonesia’s medicinal plant products. The results show that stringent food safety standards imposed by importing countries have a negative and statistically significant effect on Indonesia’s export of medicinal plant products. The results also show that volume of Indonesia’s medicinal plant products exports are influenced by real GDP of exporter and importer, population, production, economic distance, and ad valorem tariff. Keywords: food safety standard, Gravity model, Panel data, Medicinal plant products.


2020 ◽  
Vol 12 (24) ◽  
pp. 10545
Author(s):  
Sung Ju Cho ◽  
Saera Oh ◽  
Sang Hyeon Lee

This study quantifies the structure similarity of nontariff measures between countries and estimates its impact on bilateral agricultural trade using a structural gravity model. The findings show that a similar structure of technical barriers to trade (TBT) between countries is likely to expand their bilateral trade. However, a similar structure of sanitary and phytosanitary measures (SPS) is shown to have negative impacts on agricultural trade. We also discuss the effects of regulatory harmonization on sustainable development.


1989 ◽  
Vol 71 (3) ◽  
pp. 712-720 ◽  
Author(s):  
Colin A. Carter ◽  
Daniel H. Pick

10.5219/1686 ◽  
2021 ◽  
Vol 15 ◽  
pp. 694-702
Author(s):  
Anna Látečková ◽  
Michaela Trnková ◽  
Jozef Palkovič ◽  
Ivan Holúbek

The presented paper aims to evaluate the development and competitiveness of agri-food foreign trade of the Slovak Republic for the period 2016 – 2020. In the article, we present the priorities of Slovakia within the commodity structure. We use the RCA indicator to identify comparative advantages. In this paper, we also compare the actual and estimated development of agri-food foreign trade of the Slovak Republic in the years 2018 – 2020. Based on the reached results, we can state that we achieve an ever-increasing trade balance deficit in agri-food foreign trade. Produced results confirmed all the research assumptions presented in the paper. Despite the increase in export and import of agri-food products, the negative trade balance is still deeper. A significant deviation of real development from the predicted values can be explained by the influence of the worldwide pandemic of the coronavirus COVID-19, which slowed down the possible further development of agricultural trade.


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