China—Eastern Europe Agricultural Trade: (Dis)Advantages and Policy Responses
Assessment of the competitive advantages of goods and countries is one of the cornerstones of contemporary macroeconomics. In agriculture, this assessment is complicated by various factors, such as natural conditions, technological capabilities of agricultural production, and food security concerns....
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Nan Yang Academy of Sciences Pte. Ltd
2024
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ir-123456789-291492024-10-17T11:08:27Z China—Eastern Europe Agricultural Trade: (Dis)Advantages and Policy Responses Lazareva, N. V. Лазарева, Н. В. Agricultural trade Food security Comparative advantage Competitive advantage Trade advantage Assessment of the competitive advantages of goods and countries is one of the cornerstones of contemporary macroeconomics. In agriculture, this assessment is complicated by various factors, such as natural conditions, technological capabilities of agricultural production, and food security concerns. This study aimed to address the specific advantages of different countries by using a five-stage algorithm to calculate the Revealed Comparative Advantage (RCA), Relative Trade Advantage (RTA), Lafay (LI), and Domestic Resource Cost Advantage (DRC) indices for eight Eastern European countries and their trade with China in 37 categories of food and agricultural products. These products were grouped into four categories based on their revealed advantages. Competitive advantages of Eastern European countries were found in sectors that require technology and capital, such as crops, cereal products, edible goods, and animal feed. The study contributed to linking trade and competitive advantages with production capabilities of individual countries. It suggested promoting externally oriented advantages for competitive products and redirecting the supply of marginally competitive and non-competitive goods to domestic markets. 2024-10-17T11:07:45Z 2024-10-17T11:07:45Z 2024 Статья Erokhin, V., Ivolga, A., Lazareva, N., Germanova, V., Igonina, E., Sofin, A. China—Eastern Europe Agricultural Trade: (Dis)Advantages and Policy Responses // Research on World Agricultural Economy. - 2024. - 5 (2). - pp. 82-101. - DOI: 10.36956/rwae.v5i2.1091 https://dspace.ncfu.ru/handle/123456789/29149 en Research on World Agricultural Economy application/pdf Nan Yang Academy of Sciences Pte. Ltd |
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| language |
English |
| topic |
Agricultural trade Food security Comparative advantage Competitive advantage Trade advantage |
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Agricultural trade Food security Comparative advantage Competitive advantage Trade advantage Lazareva, N. V. Лазарева, Н. В. China—Eastern Europe Agricultural Trade: (Dis)Advantages and Policy Responses |
| description |
Assessment of the competitive advantages of goods and countries is one of the cornerstones of contemporary macroeconomics. In agriculture, this assessment is complicated by various factors, such as natural conditions, technological capabilities of agricultural production, and food security concerns. This study aimed to address the specific advantages of different countries by using a five-stage algorithm to calculate the Revealed Comparative Advantage (RCA), Relative Trade Advantage (RTA), Lafay (LI), and Domestic Resource Cost Advantage (DRC) indices for eight Eastern European countries and their trade with China in 37 categories of food and agricultural products. These products were grouped into four categories based on their revealed advantages. Competitive advantages of Eastern European countries were found in sectors that require technology and capital, such as crops, cereal products, edible goods, and animal feed. The study contributed to linking trade and competitive advantages with production capabilities of individual countries. It suggested promoting externally oriented advantages for competitive products and redirecting the supply of marginally competitive and non-competitive goods to domestic markets. |
| format |
Статья |
| author |
Lazareva, N. V. Лазарева, Н. В. |
| author_facet |
Lazareva, N. V. Лазарева, Н. В. |
| author_sort |
Lazareva, N. V. |
| title |
China—Eastern Europe Agricultural Trade: (Dis)Advantages and Policy Responses |
| title_short |
China—Eastern Europe Agricultural Trade: (Dis)Advantages and Policy Responses |
| title_full |
China—Eastern Europe Agricultural Trade: (Dis)Advantages and Policy Responses |
| title_fullStr |
China—Eastern Europe Agricultural Trade: (Dis)Advantages and Policy Responses |
| title_full_unstemmed |
China—Eastern Europe Agricultural Trade: (Dis)Advantages and Policy Responses |
| title_sort |
china—eastern europe agricultural trade: (dis)advantages and policy responses |
| publisher |
Nan Yang Academy of Sciences Pte. Ltd |
| publishDate |
2024 |
| url |
https://dspace.ncfu.ru/handle/123456789/29149 |
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AT lazarevanv chinaeasterneuropeagriculturaltradedisadvantagesandpolicyresponses AT lazarevanv chinaeasterneuropeagriculturaltradedisadvantagesandpolicyresponses |
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