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Keywords = trade complementarity of agricultural products

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15 pages, 1083 KB  
Article
Research on the Competitiveness and Complementarity of Agricultural Trade between China and the Association of Southeast Asian Nations
by Hongbi Peng and Feng Yang
Sustainability 2024, 16(16), 7046; https://doi.org/10.3390/su16167046 - 16 Aug 2024
Cited by 2 | Viewed by 2531
Abstract
Agricultural trade is the foundation of world trade and an important link in economic and trade relations between countries or regions. Exploring the competitiveness and complementarity of the agricultural trade between China and the Association of Southeast Asian Nations, or ASEAN, could provide [...] Read more.
Agricultural trade is the foundation of world trade and an important link in economic and trade relations between countries or regions. Exploring the competitiveness and complementarity of the agricultural trade between China and the Association of Southeast Asian Nations, or ASEAN, could provide a theoretical basis for tapping the growth potential of the agricultural trade between China and ASEAN and expanding the trade relationship. According to the theory of comparative advantage, trade complementarity theory, and intra-industry trade theory, and based on UN Comtrade data from 2013 to 2022, this study uses the Regional Revealed Comparative Advantage Index, the Trade Complementarity Index, and the Intra-Industry Trade Index to measure the competitiveness, complementarity, and intra-industry trade level of China–ASEAN agricultural trade, including HS01-24 commodities. The results show that the agricultural trade between China and ASEAN is both competitive and complementary. The competitiveness of China’s agricultural exports to ASEAN is greater than that of ASEAN’s agricultural exports to China, and the complementarity of the former is less than that of the latter. Both sides have their own comparative advantage products, and there is also a strong competitive relationship in some agricultural product fields. The bilateral agricultural trade is mainly intra-industry trade, and the level is relatively high, while some strongly competitive agricultural products urgently need to transform from inter-industry to intra-industry trade. China and ASEAN should participate in bilateral trade based on the comparative advantages of their own agricultural products; ASEAN should improve the quality of agricultural products to enhance international competitiveness; China should tap into the market demand for ASEAN agricultural products to enhance the complementarity of its agricultural exports to ASEAN; and the two sides should formulate different policies for different types of agricultural products. Full article
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20 pages, 560 KB  
Article
Status of Sino–Russian Trade in Agricultural Products: Dual Consideration Based on Characteristics and Growth
by Jing Fu and Guangji Tong
Sustainability 2024, 16(2), 822; https://doi.org/10.3390/su16020822 - 18 Jan 2024
Cited by 4 | Viewed by 3968
Abstract
The security of agricultural product supply is crucial for social development. For populous and resource-rich countries like China and Russia, strengthening their bilateral trade in agricultural products is essential to ensure stability and security in the global food market. However, current research on [...] Read more.
The security of agricultural product supply is crucial for social development. For populous and resource-rich countries like China and Russia, strengthening their bilateral trade in agricultural products is essential to ensure stability and security in the global food market. However, current research on their agricultural product trade lacks sufficient detail. This article aims to analyze the overall trend of agricultural product trading between China and Russia based on trade data from 2007 to 2021. Different trade indexes will be used to examine the four aspects of the agricultural product trade characteristics of both countries. The constant market share model will be employed to analyze the growth factors of agricultural product trade between the two nations, providing insights into the driving force behind changes in agricultural exports. The findings of this study demonstrate that bilateral agricultural trade between China and Russia shows complementarity and high trade intensity. Intra-industry trade represents the primary form of agricultural product exchange, while inter-industry trade serves as a supplemental form of trade. In terms of trade growth impact, the bilateral agricultural trade between China and Russia is primarily influenced by the effect of product structure, followed by competitiveness. Therefore, in the face of uncertain situations, such as counter-globalization and localized trade frictions, specific recommendations will be provided to optimize the trade structure of agricultural products between the two nations. Full article
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34 pages, 1583 KB  
Article
Analysis on Trade Competition and Complementarity of High-Quality Agricultural Products in Countries along the Belt and Road Initiative
by Xiao Wang, Jinming Shi, Jia Li, Yu Chen, Jianxu Liu and Songsak Sriboonchitta
Sustainability 2023, 15(8), 6671; https://doi.org/10.3390/su15086671 - 14 Apr 2023
Cited by 6 | Viewed by 5526
Abstract
The Belt and Road Initiative was proposed by China in 2013 as a response to sluggish global economic growth. With most countries along the Belt and Road being developing countries, it is crucial to strengthen trade cooperation in agricultural products. However, the current [...] Read more.
The Belt and Road Initiative was proposed by China in 2013 as a response to sluggish global economic growth. With most countries along the Belt and Road being developing countries, it is crucial to strengthen trade cooperation in agricultural products. However, the current literature lacks an analysis of the competitiveness and complementarity of agricultural products in these countries. This study aims to fill this gap by showing that the Belt and Road Initiative has reduced agricultural export competitiveness and increased agricultural trade complementarity. Several factors influence the similarity and complementarity of agricultural exports in participating countries along the Belt and Road, including geographical distance, level of economic development, free trade agreements, degree of country openness, exchange rates, cultural differences, share of agricultural value added, and level of infrastructure. The detailed analysis shows that the Belt and Road Initiative has significantly improved the quality of the agricultural exports of participating countries. The results of this paper provide a theoretical basis for the high-quality development of agricultural products in participating countries along the Belt and Road. Full article
(This article belongs to the Section Economic and Business Aspects of Sustainability)
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17 pages, 1367 KB  
Article
The Impact of Multidimensional Distance on Agricultural Exports: Evidence from China Based on the Technological Added Value
by Lirong Xing, Xiaomiao Yin, Chuanxiang Cao, Ehsan Elahi and Taoyuan Wei
Sustainability 2023, 15(1), 393; https://doi.org/10.3390/su15010393 - 26 Dec 2022
Cited by 6 | Viewed by 3362
Abstract
Agricultural exports are vulnerable to many distance factors such as geographical, cultural, economic and institutional distance. Panel data were collected from 63 countries (from 2002 to 2020), and fixed effects regression models were employed to estimate the impact of multidimensional distance on China’s [...] Read more.
Agricultural exports are vulnerable to many distance factors such as geographical, cultural, economic and institutional distance. Panel data were collected from 63 countries (from 2002 to 2020), and fixed effects regression models were employed to estimate the impact of multidimensional distance on China’s agricultural exports. Results found that the institutional, geographical, and cultural distance negatively impacted China’s agricultural exports significantly. The economic distance significantly promoted exports due to the demand and complementarity of trade between countries. After the technological added value is considered, the cultural distance significantly promoted the export of high-tech agricultural products. It is confirmed that the institutional distance remained the greatest obstacle to agricultural exports, and economic distance promoted agricultural exports. It is imperative to focus on promoting mutual cultural understanding and communication of institutional policies to stimulate agricultural exports and improve the exports of agricultural products of high technological content. Full article
(This article belongs to the Section Economic and Business Aspects of Sustainability)
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14 pages, 711 KB  
Article
Research on the Comparative Advantage and Complementarity of China–Ghana Agricultural Product Trade
by Benjamin Kofi Tawiah Edjah, Jianping Wu and Jinjin Tian
Sustainability 2022, 14(20), 13136; https://doi.org/10.3390/su142013136 - 13 Oct 2022
Cited by 8 | Viewed by 5215
Abstract
As trade partners, China in East Asia and Ghana in Africa both play a major role in the China–Africa economic and trade cooperation and have strengthened their bilateral trade. The trade cooperation between China and Ghana has progressed, and there currently exists a [...] Read more.
As trade partners, China in East Asia and Ghana in Africa both play a major role in the China–Africa economic and trade cooperation and have strengthened their bilateral trade. The trade cooperation between China and Ghana has progressed, and there currently exists a large agricultural product trade between the two countries. China has become one of Ghana’s largest trading partners in recent decades, and bilateral cooperation has become stronger. This paper analyses the comparative advantage and complementarity of trade in agricultural products between China and Ghana in terms of twenty major agricultural products from 2016 to 2020, based on the revealed comparative advantage index, trade complementarity index, and their status quo. The results showed that the trade volume of China–Ghana agricultural products has continuously increased, and China is currently in a surplus state, but their total agriculture trade volume proportions had been decreasing. From the perspective of comparative advantage and complementarity, the results showed that the comparative advantage and complementarity coexist, but their comparative advantage is more obvious showing strong competitiveness. The result further shows that the comparative advantage of Ghana was stronger than that of China and the complementarity of China’s exports and Ghana’s imports of agricultural products has not been fully exploited; likewise, the complementarity of China’s imports and Ghana’s exports of agricultural products has not been fully exploited since 2018, and there is a large potential for further cooperation and development. Finally, based on the current situation and our analysis of agricultural trade between China and Ghana, suggestions were put forward to seek new and continuous development opportunities for agricultural trade cooperation between the two countries. Full article
(This article belongs to the Section Economic and Business Aspects of Sustainability)
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15 pages, 935 KB  
Article
Management to Support Multiple Ecosystem Services from Productive Grasslands
by Joanna Savage, Ben A. Woodcock, James M. Bullock, Marek Nowakowski, Jeremy R. B. Tallowin and Richard F. Pywell
Sustainability 2021, 13(11), 6263; https://doi.org/10.3390/su13116263 - 1 Jun 2021
Cited by 18 | Viewed by 4884
Abstract
Sustainable intensification will require the development of new management systems to support global food demands, whilst conserving the integrity of ecosystem functions. Here, we test and identify management strategies to maintain or enhance agricultural production in grasslands whilst simultaneously supporting the provision of [...] Read more.
Sustainable intensification will require the development of new management systems to support global food demands, whilst conserving the integrity of ecosystem functions. Here, we test and identify management strategies to maintain or enhance agricultural production in grasslands whilst simultaneously supporting the provision of multiple ecosystem services. Over four years, we investigated how the establishment of three plant functional groups (grasses, legumes, and other flowering forbs), using different cultivation (minimum tillage and deep ploughing) and management (cutting, grazing and their intensity) techniques, affected provision and complementarity between key ecosystem services. These ecosystem services were agronomic production, pollination, pest control, food resources for farmland birds, and soil services. We found that the establishment of floristically diverse swards, particularly those containing grasses, legumes and forbs, maximised forage yield and quality, pollinator abundance, soil nitrogen, and bird food resources, as well as enhancing populations of natural predators of pests. Cutting management increased bird food resources and natural predators of pests without depleting other services considered. However, a single management solution to maximise the delivery of all ecosystem services is unlikely to exist, as trade-offs also occurred. Consequently, management options may need to be tailored to strategically support localised deficits in key ecosystem services. Full article
(This article belongs to the Special Issue Agro-Ecosystem Approaches for Sustainable Food Production)
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23 pages, 2271 KB  
Article
Research on Agricultural Cooperation Potential between China and CEE Countries Based on Resource Complementarity
by Ru Guo, Xiaodong Qiu and Yiyi He
Mathematics 2021, 9(5), 503; https://doi.org/10.3390/math9050503 - 1 Mar 2021
Cited by 5 | Viewed by 2819
Abstract
Central and East European (CEE) countries are attractive among emerging markets due to a combination of factors such as economic growth and market potential. Although the CEE countries as a whole have a very high degree of connectivity, each country has different market [...] Read more.
Central and East European (CEE) countries are attractive among emerging markets due to a combination of factors such as economic growth and market potential. Although the CEE countries as a whole have a very high degree of connectivity, each country has different market opportunities and external environment, so agricultural enterprises wanting to enter the CEE market must take into account the diverse and complex resource base of CEE countries. In the light of economic globalization, China and CEE countries face mutual opportunities and challenges, and it is necessary to strengthen agricultural cooperation. The potential of agricultural investment cooperation between China and CEE countries is the basis for multinational enterprises to allocate resources and implement internationalization strategies rationally. The purpose of this paper is to analyze theagricultural cooperation potential between China and CEE countries in the perspective of resource complementarity, with a selection of macro data related to agricultural capacity from 2009–2018. In particular, this study examines the differences and complementarities between China and CEE countries in terms of agricultural resource conditions and product output and trade; by constructing an agricultural cooperation potential evaluation model, the entropy value method is applied to predict and evaluate the potential characteristics of agricultural cooperation between China and CEE countries in 2021–2025. The research results show that the current intermittent and episodic nature of agricultural cooperation between China and CEE countries does not match the high or medium-high level of complementarity between agricultural production factors. Thus, agricultural enterprises can utiliza such considerable cooperation potential based on the resource complementarity to develop internationalization strategies and overseas investment. Full article
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