Agriculture Trade Competitiveness, and Influencing Economic Factors: A Study on China’s Agricultural Trade
摘要
This study examined the agricultural competitiveness of China with Ghana and Myanmar and economic influencing factors in relations to China’s agricultural competitiveness with Ghana and Myanmar. RCA and RSCA indexes were employed to measure the trend of China’s Competitiveness using twenty-two representative agricultural products. The study further uses four economic export determinant factors to study the influencing factors of agricultural export trade competitiveness of China with Myanmar and Ghana from 2011 to 2020 period. Using the Panel data analysis, the random effect regression model was employed to measure the influencing factors. The determinant studied were FDI, GDP, real exchange rate, and inflation. The result of the study shows that, (1) From the trend of competitiveness, China has strong agriculture competitiveness with Ghana and Myanmar, but has stronger competitiveness with Myanmar than with Ghana (2) and due to China’s win-win cooperation with Myanmar and Ghana through “the Belt and Road Initiative” (BRI) and the Sino-Africa relations respectively, the GDP, and real exchange rate of Ghana and Myanmar have a positive and significant impact on China’s agriculture competitiveness. The result of the study indicate that competitiveness is revealed in economic growth and the share of agriculture in included to this growth.