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- Title
Assessment of Rice Export Interdependency between China and Vietnam Based on Empirical Approaches.
- Authors
Trinh Thi Viet Ha; Pham Duy Liem; Li Shuang
- Abstract
In world rice market, China and Vietnam play a vital role, as the largest producer,consumer and exporter. The current study was conducted to analyze the rice export interdependency between these two countries using empirical approaches. The findings of the study show that the pattern of rice trade between China and Vietnam is fluctuated. The trade volume between China and Vietnam is smaller, and the fluctuation of trade is larger, and there is a large space for the development of rice trade between the two countries. Through further comparison of the comparative advantages of Chinese and Vietnamese rice products showed that the comparative advantage of China’s rice exports is greater in Vietnamese rice markets. Revealed comparative advantage (RCA) index and Relative Trade Advantage Index (RTA) were used to understand the relative competitive advantages of China and Vietnam rice export. The results showed that Vietnamese rice comparative advantage grew steadily in the Chinese market. Overall Sino-Vietnam rice export competition is not strong, it is helpful to reduce trade friction between the two sides. Moreover, there is conducive to the development of bilateral trade cooperation of long-term stability, from another point of view, agricultural products can also strengthen the cooperation. Moreover, complementarity is increasing, through the calculation, Sino-Vietnam trade complementarity index showed an upward trend, which indicates Sino-Vietnam have a potential trade cooperation.
- Subjects
RICE industry; RICE exports &; imports; RICE products; COMPARATIVE advantage (International trade); COMPETITIVE advantage in business
- Publication
Sarhad Journal of Agriculture, 2017, Vol 33, Issue 4, p639
- ISSN
1016-4383
- Publication type
Article
- DOI
10.17582/journal.sja/2017/33.4.639.646