scholarly journals Comparative advantages and complementarity of Sino-US agricultural trade: An empirical analysis

2011 ◽  
Vol 57 (No. 3) ◽  
pp. 118-131 ◽  
Author(s):  
Ch Shuai ◽  
X. Wang

By adopting the RCA, CMS, TCD, SI and TCI models, this paper has made an empirical analysis of the comparative advantages and complementarity of the agricultural trade between China and the United States in terms of sixteen major agricultural products since 1997. The results indicate that (1) the exporting agri-products of China and the United States reflect the characteristics of the resource endowment of each country; (2) China's agri-product competitiveness has decreased after its WTO accession, while the country's agri-export structure has been upgraded; (3) Sino-US agri-trade dependency continues to rise, and the U.S. relies more on China than China does on the U.S.; (4) China and the United Sates have good complementarity in the agricultural trade, which tends to strengthen after the China's accession to the WTO. Policy implications are proposed accordingly based on these findings.

Author(s):  
Simon Reich ◽  
Richard Ned Lebow

This chapter draws on a conceptual and empirical analysis to rethink America's posthegemonic role in the world. While guided by self-interest, the chapter contends that the United States should pursue a strategy that helps to implement policies that are widely supported and are often mooted or initiated by others. It should generally refrain from attempting to set the agenda and lead in a traditional realist or liberal sense. Drawing on Simon Reich's work on global norms, the chapter looks at the success Washington has had in sponsoring—that is, in backing—initiatives originating elsewhere. It examines the successful provision of military assistance to NATO's campaign in Libya, which offers a stark contrast to the U.S. approach to Iraq. The chapter then offers counterfactual cases of U.S. drug policy in Mexico and efforts to keep North Korea from going nuclear.


2009 ◽  
Vol 38 (2) ◽  
pp. 213-228 ◽  
Author(s):  
Jungho Baek ◽  
Won W. Koo ◽  
Kranti Mulik

This study examines the dynamic effects of changes in exchange rates on bilateral trade of agricultural products between the United States and its 15 major trading partners. Special attention is paid to investigate whether or not the J-curve hypothesis holds for U.S. agricultural trade. For this purpose, an autoregressive distributed lag (ARDL) approach to cointegration is applied to quarterly time-series data from 1989 and 2007. Results show that the exchange rate plays a crucial role in determining the short- and long-run behavior of U.S. agricultural trade. However, we find little evidence of the J-curve phenomenon for U.S. agricultural products with the United States’ major trading partners.


2012 ◽  
Vol 10 (2) ◽  
pp. 119-138
Author(s):  
Robert Romero ◽  
Kevin Escudero

Numbering more than 300,000, “Asian Latinos” are a large but overlooked segment of the Asian American and Latino populations of the United States. Drawing from data generated from the 5 percent Public Use Microdata Samples of the 2000 U.S. Census, this article provides a preliminary quantitative analysis of the Asian Latino community. In particular, it examines the demographic characteristics of population size, geographic distribution, national origin, gender, age, citizenship, and educational attainment. In addition, it examines several policy implications related to Asian Latino coalition building and undocumented immigrant advocacy.


2007 ◽  
Vol 39 (3) ◽  
pp. 457-470 ◽  
Author(s):  
Jungho Baek ◽  
Won W. Koo

The effects of the exchange rate and the income and money supply of the United States and its major trading partners on the U.S. agricultural trade balance are examined using an autoregressive distributed lag (ARDL) model. Results suggest that the exchange rate is the key determinant of the short- and long-run behavior of the trade balance. It is also found that the income and money supply in both the United States and the trading partners have significant impacts on U.S. agricultural trade in both the short and long run.


2017 ◽  
Vol 17 (3) ◽  
pp. 85-108 ◽  
Author(s):  
Navid Ahmadi ◽  
Mohsen Shahandashti

The majority of policymakers believe that investments in construction infrastructure would boost the economy of the United States (U.S.). They also assume that construction investment in infrastructure has similar impact on the economies of different U.S. states. In contrast, there have been studies showing the negative impact of construction activities on the economy. However, there has not been any research attempt to empirically test the temporal relationships between construction investment and economic growth in the U.S. states, to determine the longitudinal impact of construction investment on the economy of each state. The objective of this study is to investigate whether Construction Value Added (CVA) is the leading (or lagging) indicator of real Gross Domestic Product (real GDP) for every individual state of the U.S. using empirical time series tests. The results of Granger causality tests showed that CVA is a leading indicator of state real GDP in 18 states and the District of Columbia; real GDP is a leading indicator of CVA in 10 states and the District of Columbia. There is a bidirectional relationship between CVA and real GDP in 5 states and the District of Columbia. In 8 states and the District of Columbia, not only do CVA and real GDP have leading/lagging relationships, but they are also cointegrated. These results highlight the important role of the construction industry in these states. The results also show that leading (or lagging) lengths vary for different states. The results of the comparative empirical analysis reject the hypothesis that CVA is a leading indicator of real GDP in the states with the highest shares of construction in the real GDP. The findings of this research contribute to the state of knowledge by quantifying the temporal relationships between construction investment and economic growth in the U.S. states. It is expected that the results help policymakers better understand the impact of construction investment on the economic growth in various U.S. states.


Author(s):  
Arthur C. Nelson

A megaregion is characterized by common economic structures, culture, history, topography, and climate, among other factors. The United States is composed of 10 megaregions. Together they account for three-quarters of the nation’s population, but they make up a fifth of the land located in the contiguous states. Moreover, the U.S. megaregions are more densely settled than are megaregions in Western Europe. It would seem that America’s future is in the policies, planning, and investments aimed at the megaregion scale. To help advance such a proposition, this paper generates population, economic, and employment projections for the nation’s megaregions as well as for the nation as a whole. Implications and recommendations for next steps are offered.


Author(s):  
Mario A. González-Corzo ◽  
Armando Nova-González

Despite a dramatic growth in agricultural trade between the United States and Cuba, trade between these two states has been “one-way trade,” primarily due to U.S. economic sanctions. A new scenario could potentially emerge as diplomatic and trade relations between the United States and Cuba improve and are eventually normalized. These changes could facilitate the expansion of U.S. agricultural and food exports to the island, as well as Cuban exports to the United States. This chapter examines the evolution of U.S. agricultural exports to Cuba since the approval of the Trade Sanctions Reform and Export Enhancement Act (TSRA) in 2000. The future prospects and policy implications for U.S.-Cuba agricultural trade are also discussed, taking into account the shift in U.S–Cuba relations initiated after December 17, 2014.


2019 ◽  
Vol 18 (2) ◽  
pp. 197-218 ◽  
Author(s):  
DUKGEUN AHN ◽  
AREVIK GNUTZMANN-MKRTCHYAN

AbstractThis paper examines two disputes brought by the United States and New Zealand in response to a series of import sanctions for agricultural products imposed by the Indonesian government to promote food self-sufficiency. We document the heterogeneous effect the sanctioning measures had on Indonesia's partners. We argue that Indonesia's import licensing regimes acted as a high, sometimes prohibitive, fixed cost of exporting. Frequent changes of regulation provided additional challenges and increased the costs of exporting. These properties determined the differential impacts of Indonesia's measures where some sustained significant market losses while other large exporters, in particular Australia, following a short decline strengthened their market position and export levels.


EDIS ◽  
1969 ◽  
Vol 2003 (9) ◽  
Author(s):  
Andrew Schmitz ◽  
Won Koo ◽  
Charles Moss

This paper summarizes the research presented in a conference about border disputes between the United States,Canada, and Mexico over agricultural products and lumber, which are numerous and appear to be escalating. This is EDIS document FE381, a publication of the Department of Food and Resource Economics, Florida Cooperative Extension Service, Institute of Food and Agricultural Sciences, University of Florida, Gainesville, FL. Published May 2003.  https://edis.ifas.ufl.edu/fe381


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