TITLE:
An Empirical Research on Agricultural Trade between China and “The Belt and Road” Countries: Competitiveness and Complementarity
AUTHORS:
Min He, Zequn Huang, Ningning Zhang
KEYWORDS:
The Belt and Road, China, Agricultural Products Trade, Competition, Complementarity
JOURNAL NAME:
Modern Economy,
Vol.7 No.14,
December
16,
2016
ABSTRACT: The Belt and Road Initiative provides excellent
opportunities of developing agricultural products trade. This paper presents
the overview and the prospect of the agricultural trade between China and the
Belt and Road countries, and uses RCA and TCI index to empirically analyze
trade competition and complementarity of agricultural products between China
and the Belt and Road countries. Results show that trade competition and
complementarity of agricultural products between China and the Belt and Road
countries coexist, but its complementarity appears to be more remarkable. China
and the Belt and Road countries should strengthen and diversify the trade
cooperation on agricultural products on the basis of existing bilateral and
multilateral mechanisms to achieve common development.