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Research on the Complementarity and Comparative Advantages of Agricultural Product Trade between China and CEE Countries<br/>—Taking Poland, Romania, Czech Republic, Lithuania and Bulgaria as Examples
Hubei Rural Development Research Center, Wuhan, China
College of Economics Management, Huazhong Agricultural University, Wuhan, China
- 1 Hubei Rural Development Research Center, Wuhan, China
- 2 College of Economics Management, Huazhong Agricultural University, Wuhan, China
Journal of Service Science and Management·Volume 08 (2015)·Pages 201–208·Published 23 March 2015·DOI10.4236/jssm.2015.82022
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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.
KeywordsChinaCEE CountriesAgricultural Product tradeComplementarityComparative Advantages
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