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Scholars Journal of Economics, Business and Management | Volume-2 | Issue-08
The Structural Analysis of Import and Export Trade of China’s Agriculture Products
Zaifeng Wang
Published: Aug. 29, 2015 |
168
149
Pages: 801-807
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Abstract
Agriculture, as an important part of global trade, is experiencing a rapid growth along with some new
challenges driven by economic globalization and trade integration. The status of agriculture has a gradual decreasing in
foreign trade. The trade deficit occurred for the first time in 2004 and this gap become broader and wider while its
competitive power is gradually weakening on the world markets. Therefore, it has a certain theoretical and practical
significance to optimize and adjust trade structure through analyzing Chinese agricultural product trade situation to
facilitate and strengthen China’s foreign trade of agricultural products, while we could correctly view the development
trend of the agricultural trade. This paper introduces principal factors influencing the export and import structure of
agricultural products through the research of theories and current situation of trade structure. In analyzing, paper adopts
three indexes as the main factors including Revealed Comparative Advantage Index (RCA), Trade Competitive Power
Index (TC) and gross output of primary industry that have close relations with farm products trade. The paper establishes
a multiple linear regression model choosing index factors as structural variables and draws conclusions from the
regression analysis of foreign trade structure of agricultural products. Finally, some policy suggestions are put forward to
raise China’s competitiveness in agricultural trade and improve the structure of foreign trade of agricultural products.