3.8 Article

China's trade competitiveness in the area of agricultural products after the implementation of the World Trade Organization commitments

期刊

AGRICULTURAL ECONOMICS-ZEMEDELSKA EKONOMIKA
卷 64, 期 9, 页码 379-388

出版社

CZECH ACADEMY AGRICULTURAL SCIENCES
DOI: 10.17221/163/2017-AGRICECON

关键词

contribution to trade balance; revealed comparative advantage; state trading; trade competitiveness; World Trade Organization

资金

  1. Czech Science Foundation [17-22426S]

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The paper provides evidence on the implementation of China's trade commitments into its institutional and legal environment, which influenced its agricultural trade. The contribution to the trade balance index and the revealed comparative advantage index are used for the identification of changes in China's export competitiveness in agricultural products between 2001 and 2015. The World Trade Organization (WTO) trade liberalisation, followed by changes in the structure of economy, contributed to China building a trade deficit in the area of the agricultural products and losing competitiveness in some products. China gradually liberalised its agricultural trade in compliance with the WTO commitments. However, relatively high protection or state regulation of the domestic market has remained in products that China exports with a revealed comparative disadvantage. The existence of the state trading can also have a negative impact on the results of China's revealed comparative advantage in its exports of agricultural products.

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