TITLE:
Research on the Complementarity and Comparative Advantages of Agricultural Product Trade between China and CEE Countries—Taking Poland, Romania, Czech Republic, Lithuania and Bulgaria as Examples
AUTHORS:
Chunyan Yu, Chunjie Qi
KEYWORDS:
China, CEE Countries, Agricultural Product trade, Complementarity, Comparative Advantages
JOURNAL NAME:
Journal of Service Science and Management,
Vol.8 No.2,
April
7,
2015
ABSTRACT: There is huge potential in agricultural product trade between China and CEE countries. Taken Poland, Romania, Czech Republic, Lithuania and Bulgaria as examples, this paper uses RCA, TCI and GL indexes to analyze the complementarity and comparative advantages between China and others. Results show that agricultural product trade between China and CEE countries has the characteristics like highly complementarity, great potential for products having comparative advantages and obvious intra-industry trade tendency. China and CEE countries should further bring out their comparative advantages, and adjust product structure of exports, achieving mutual benefit and win-win result of bilateral trade.