Evolution of the comparative advantage of China’s agricultural products from 1995 to 2013
【Abstract】This paper examines the empirical dynamics of comparative advantage of China’s agricultural products in the period of 1995– 2013. Based on the HS 6-digit trade data from CEPII–BACI database, this paper uses the distribution dynamics approach to quantify the magnitude of changes in comparative advantage and further investigates whether these changes have been towards technologically more sophisticated or higher quality products. We found that the comparative advantage of Chinese agricultural products exibited substantial volatility, mainly characterized by declining comparative advantages in most of the products with previous comparative advantages, with a larger degree than other major exporting countries. In particular, the declining trend was accelerated after China’s accession to the WTO. In 2013, China had comparative advantage in only 14.5% of the agricultural products. With a low probability of improving its original comparative disadvantage and acquiring new comparative advantage, China’s comparative advantage of agricultural products remains in low sophistication and low quality products, and slow in introducing higher value added products.
【Keywords】 comparative advantage of agricultural products; distribution dynamics approach; mobility of comparative advantage; technological sophistication; product quality;
(Translated by HE wenshan)
. (1) Due to limitation of space, this paper does not show the results in detail, and interested readers can acquire them from the author. [^Back]
. (2) Due to limitation of space, this paper does not show the results in detail, and interested readers can acquire them from the author. [^Back]
. (3)Due to limitation of space, this paper does not show the results in detail, and interested readers can acquire them from the author. [^Back]
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