TITLE:
An Empirical Analysis of the Effects of Agricultural FDI on the International Competitiveness of Agricultural Products in China
AUTHORS:
Yanqing Jiang, Gaoyan Shi
KEYWORDS:
International Competitiveness, Agricultural FDI, Scale Operation, Granger Causality Test
JOURNAL NAME:
Modern Economy,
Vol.5 No.11,
October
14,
2014
ABSTRACT: Under the
background of the reform and opening-up, as well as continuous economic growth
and development, China’s attractiveness for foreign direct investment (FDI
hereinafter) has shown an increasing trend year after year. However, FDI is
distributed unevenly in the three broad industrial sectors. Through our
investigation to the utilization of agricultural FDI, we find that the size and
scale of FDI utilized in agriculture lagged far behind with manufacturing and
service sectors and distributed unevenly across geographical regions. The “agriculture,
rural areas and farmers” issue has always been one of the most important and
difficult issues in the process of China’s economic reform. The main focus of
this paper is on what impacts FDI has on the agricultural sector of the
macroeconomy and how we should fully utilize FDI in order to alleviate trade
deficit in agricultural products and enhance the international competitiveness
of agricultural goods in China.