Study on the comparative advantage of China's agricultural products

2011 ◽  
Author(s):  
Xiaoyan Wu ◽  
Jin Zhang ◽  
Jianzhao Qi
Keyword(s):  
Comparative Advantage ◽  
Agricultural Products

Identification of Comparative Advantages of Agricultural Products and Products of Processed Food Sector of Serbia

2017 ◽  
pp. 59-80
Keyword(s):  
Foreign Trade ◽  
Comparative Advantage ◽  
International Market ◽  
Agricultural Products ◽  
Transfer Of Knowledge ◽  
Processed Food ◽  
Food Sector ◽  
Developmental Problems ◽  
The Third ◽  
Comparative Advantages

In the third chapter, the authors were studying the competitiveness and comparative advantage of agricultural products and products of processed food sector of Serbia on international market. Readers will be familiar with the foreign trade exchange of agricultural products and products of processed food sector in the period 2005-2015. They will find out for which products the indices of comparative advantage of export have a positive value and will understand the connection with a surplus in foreign trade exchange of agricultural products and products of processed food sector. Readers will be informed on products that prevail in export, i.e. will perceive the export potential of Serbian food industry. They will see which sectors aren't sufficiently propulsive and need to provide an adequate support in the future. Readers will be familiar with developmental problems of agri-food sector of other countries and will understand the significance of transfer of knowledge and experience in the development of processed food sector of Serbia.

scholarly journals Moroccan agricultural products in the single market: trade flows and competitiveness

2020 ◽  
Vol 38 (2) ◽  
Author(s):  
Antonio Fernández Álvarez
Keyword(s):  
Comparative Advantage ◽  
A Priori ◽  
Trade Agreement ◽  
Agricultural Trade ◽  
Single Market ◽  
Trade Flows ◽  
Agricultural Products ◽  
The European Union ◽  
Trade Relations ◽  
The Eu

AbstractThis paper explores the main contents of the agricultural trade agreement between the European Union (EU) and Morocco during the period 2008-2017. It investigates the agricultural trade relations and trade flows focussing on the competitiveness of Moroccan agriculture in the single market. The concept of Revealed Comparative Advantage (RCA) is used as the main analytical device. The a priori hypothesis is that the trade agreements and specifically the agriculture concessional trade provisions granted by the EU to Morocco have created the proper Moroccan agricultural scenery to improve production and exports. The examination and evaluation of the data tends to confirm the hypothesis. Morocco is becoming a veritable exporting power, it has diversified exports and most of its product sectors enjoy high levels of comparative advantage in the single market.

scholarly journals Perspectives of the Russian agricultural exports in terms of comparative advantage  

2017 ◽  
Vol 63 (No. 7) ◽  
pp. 318-330 ◽  
Author(s):  
Benesova Irena ◽  
Maitah Mansoor ◽  
Smutka Lubos ◽  
Tomsik Karel ◽  
Ishchukova Natalia
Keyword(s):  
Trade Liberalization ◽  
Comparative Advantage ◽  
Economic Transformation ◽  
Global Market ◽  
Agricultural Products ◽  
Current Position ◽  
Agricultural Exports ◽  
Comparative Advantages ◽  
The Russian Federation ◽  
Cis Countries

The paper analyses the current position of the Russian Federation in the global market of agricultural products and foodstuffs with the accent on the comparative advantage of Russian agricultural exports in relation to specific regions and states. The key purpose of the research is to classify the most significant changes in the structure of Russian agricultural exports. The results show that the structure of Russian trade is changing continuously and evolving along with the process of economic transformation and trade liberalization. Exports become less diversified and are concentrated in a few segments. From the perspective of comparative advantage, cereals, fish and vegetable oils are the segments of Russian exports which become more significant. The comparative advantages of Russian exports are strengthening mostly in the case of African, Asian and CIS countries.

scholarly journals The EC-Scandinavian agricultural trade changes - causes and consequences

1991 ◽  
Vol 63 (5) ◽  
pp. 503-512
Author(s):  
Tuomas Kuhmonen ◽  
Dirk Strijker
Keyword(s):  
Comparative Advantage ◽  
Agricultural Policy ◽  
Food Products ◽  
Agricultural Trade ◽  
Agricultural Products ◽  
Income Support ◽  
Revealed Comparative Advantage ◽  
Price Support ◽  
Food Trade ◽  
Direct Income

This article examines the changes in the mutual agro-food trade between the EC and Scandinavian countries Finland, Norway and Sweden in 1960—85 by using the concept of “Revealed Comparative Advantage”. The agricultural policy actions of the EC have weakened the mutual trading position of Scandinavia very strongly in basic temperate agricultural products but improved it in other types of agro-food products. The massive supports and trade regulations of the EC have also increased its mutual competitiveness in agro-food compared to all traded items. In recent years are direction of agricultural policy has started in the EC from price support and increasing productivity to production cutbacks and direct income support. This seems to be the same path as the Scandinavian countries had to take earlier.

scholarly journals Competitiveness of Turkey in Eurasia: A Comparison with CIS Countries

2010 ◽  
Author(s):  
Hacer Simay Karaalp Orhan
Keyword(s):  
Comparative Advantage ◽  
Bilateral Trade ◽  
Trade Flow ◽  
World Market ◽  
Agricultural Products ◽  
Kyrgyz Republic ◽  
Iron And Steel ◽  
The World ◽  
Agriculture Products ◽  
Cis Countries

The main aim of this paper is to examine international competitiveness of Turkey both in world market and CIS (Commonwealth of Independent States) in comparison with Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyz Republic, Moldova, Ukraine, Russia and to determine the value of trade between Turkey and CIS countries. The Revealed Comparative Advantage, Grubel-Lloyd (IIT) and Trade Intensity indices were calculated for sixteen commodity groups over the period 1996–2008 by using WTO data. The results suggest that Turkey is more competitive in CIS market and has comparative advantage in various products. Turkey has comparative advantage not only in agricultural products, food, manufactures, automotive products, textile and clothing as the world market but also in chemicals, pharmaceuticals, machinery-transport equipment, office-telecom equipment and telecommunications vis-à-vis CIS countries. CIS countries exhibit similar comparative advantages in the world market. CIS countries have comparative advantage particularly in fuels and mining products, agricultural products, food, iron and steel but in a decreasing trend. The IIT results indicate that while Turkey approaches intra-industry specialization in agricultural products, food and textile but also manufacture products such as iron and steel, telecommunications equipment, machinery-transport and automotive products. CIS countries’ economy indicates increasing intra-industry trade in agriculture products, food manufactures, iron and steel. It is found that there is an intense relationship between Turkey and CIS countries except Belarus. Bilateral trade flow between Turkey and Azerbaijan, Kyrgyz Republic and the Georgia is extremely larger than these countries’ importance in world trade.

scholarly journals Determinants of Export Competitiveness of Agricultural Products in Malaysia

2021 ◽  
Vol 22 (2) ◽  
pp. 618-636
Author(s):  
Siew-Ling Liew ◽  
Mohammad Affendy Arip ◽  
Chin-Hong Puah
Keyword(s):  
Comparative Advantage ◽  
Capital Formation ◽  
Agricultural Products ◽  
Gdp Per Capita ◽  
Agricultural Commodities ◽  
Cointegration Tests ◽  
Labour Participation ◽  
Export Competitiveness ◽  
Per Capita ◽  
The Government

This study intends to evaluate the export competitiveness of agricultural products using the data of 186 agricultural commodities in Malaysia for the period ranging from 1988 to 2014. Besides, this study engages in the total export of the world with Standard International Trade Classification Revision Three-SITC Revision 3 (5-digits code) to analyse the index of comparative advantage of agricultural commodities in Malaysia. In addition, the study employs Balassa (1965) index of Revealed Comparative Advantage (RCA) to measure competitiveness. The findings show that 56 commodities have comparative advantage. Apart from that, this study also empirically examines the determinants of competitiveness which are commodities price, GDP per capita, labour participation and capital formation. The results of cointegration tests estimation indicates that there is a long-run relationship between the variables under study. The outcomes denote that price of commodities, GDP per capita and crises in 2008 have negative association while labour participation and capital formation are positively relatedly to competitiveness. The results also specify that there is a short-run dynamic impact on competitiveness with the variables. This study suggests that the government should consider intensifying the current economic policy through focusing on downstream products by taking the benefit of its comparative advantage in upstream industries to increase competitiveness.

scholarly journals China’s trade competitiveness in the area of agricultural products after the implementation of the World Trade Organization commitments

2018 ◽  
Vol 64 (No. 9) ◽  
pp. 379-388 ◽  
Author(s):  
 Fojtíková Lenka
Keyword(s):  
World Trade Organization ◽  
Comparative Advantage ◽  
World Trade ◽  
Negative Impact ◽  
Trade Deficit ◽  
Agricultural Trade ◽  
State Regulation ◽  
Agricultural Products ◽  
Revealed Comparative Advantage ◽  
The World

The paper provides evidence on the implementation of China’s trade commitments into its institutional and legal environment, which influenced its agricultural trade. The contribution to the trade balance index and the revealed comparative advantage index are used for the identification of changes in China’s export competitiveness in agricultural products between 2001 and 2015. The World Trade Organization (WTO) trade liberalisation, followed by changes in the structure of economy, contributed to China building a trade deficit in the area of the agricultural products and losing competitiveness in some products. China gradually liberalised its agricultural trade in compliance with the WTO commitments. However, relatively high protection or state regulation of the domestic market has remained in products that China exports with a revealed comparative disadvantage. The existence of the state trading can also have a negative impact on the results of China’s revealed comparative advantage in its exports of agricultural products.

scholarly journals Comparative advantage of exports from Serbia and Montenegro

2003 ◽  
Vol 46 (3-4) ◽  
pp. 153-175 ◽  
Author(s):  
Nebojsa Gagovic
Keyword(s):  
Comparative Advantage ◽  
Raw Materials ◽  
Agricultural Products ◽  
Revealed Comparative Advantage ◽  
Serbia And Montenegro ◽  
Mineral Raw Materials ◽  
World Markets ◽  
Revealed Comparative Advantage Index

The revealed comparative advantage index shows country's share of world markets in a given product, relative to its share in all manufactures. It expresses what specific products the country exports, and where it losing or gaining advantage. For ease of interpretation this paper reports the logarithm of RCA measure. According to this measure, the leading export products are those with high and rising RCA. In the case of Serbia and Montenegro, an unusual mix of manufactures appears to be among leading industries, including footwear, clothes, agricultural products, and mineral raw-materials.

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