The Structural Analysis of Import and Export Trade of China’s Agriculture Products
Journal Title: Scholars Journal of Economics, Business and Management - Year 2015, Vol 2, Issue 8
Abstract
Abstract: Agriculture, as an important part of global trade, is experiencing a rapid growth along with some new challenges driven by economic globalization and trade integration. The status of agriculture has a gradual decreasing in foreign trade. The trade deficit occurred for the first time in 2004 and this gap become broader and wider while its competitive power is gradually weakening on the world markets. Therefore, it has a certain theoretical and practical significance to optimize and adjust trade structure through analyzing Chinese agricultural product trade situation to facilitate and strengthen China’s foreign trade of agricultural products, while we could correctly view the development trend of the agricultural trade. This paper introduces principal factors influencing the export and import structure of agricultural products through the research of theories and current situation of trade structure. In analyzing, paper adopts three indexes as the main factors including Revealed Comparative Advantage Index (RCA), Trade Competitive Power Index (TC) and gross output of primary industry that have close relations with farm products trade. The paper establishes a multiple linear regression model choosing index factors as structural variables and draws conclusions from the regression analysis of foreign trade structure of agricultural products. Finally, some policy suggestions are put forward to raise China’s competitiveness in agricultural trade and improve the structure of foreign trade of agricultural products. Keywords: Agricultural products, Trade structure, Influential factors, Regression analysis
Authors and Affiliations
Zaifeng Wang
Keywords
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