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Research on India-China agriculture trade dynamics: A comparative advantage analysis

This paper presents a comprehensive analysis of the agriculture trade dynamic between India and China from 2002–2021. It employed the Revealed Comparative Advantage (RCA) and Revealed Symmetric Comparative Advantage (RSCA) indices and various statistical analyses to assess the trade performance and...

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Detalles Bibliográficos
Autores principales: Shukla, Swaraj, Sadykova, Kamilla, Tian, Jinjin
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10688643/
https://www.ncbi.nlm.nih.gov/pubmed/38032976
http://dx.doi.org/10.1371/journal.pone.0294561
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author Shukla, Swaraj
Sadykova, Kamilla
Tian, Jinjin
author_facet Shukla, Swaraj
Sadykova, Kamilla
Tian, Jinjin
author_sort Shukla, Swaraj
collection PubMed
description This paper presents a comprehensive analysis of the agriculture trade dynamic between India and China from 2002–2021. It employed the Revealed Comparative Advantage (RCA) and Revealed Symmetric Comparative Advantage (RSCA) indices and various statistical analyses to assess the trade performance and provide an enhanced comprehension of the specialization pattern. The study has selected 45 agricultural commodities, categorized into seven sections according to the HS Nomenclature 2017. The findings revealed that India boasts a more diversified export portfolio compared to China, with a more significant number of agriculture chapters demonstrating a comparative advantage. Conversely, China’s export basket is more concentrated, featuring fewer chapters with a comparative advantage but higher values of RCA and RSCA. The paper also identified the prospective areas for agriculture-trade cooperation and collaboration between the two countries and put forward recommendations. This research aims to offer valuable insights for policymakers, researchers, and traders to enhance bilateral ties and mutual benefits in the agriculture sector.
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spelling pubmed-106886432023-12-01 Research on India-China agriculture trade dynamics: A comparative advantage analysis Shukla, Swaraj Sadykova, Kamilla Tian, Jinjin PLoS One Research Article This paper presents a comprehensive analysis of the agriculture trade dynamic between India and China from 2002–2021. It employed the Revealed Comparative Advantage (RCA) and Revealed Symmetric Comparative Advantage (RSCA) indices and various statistical analyses to assess the trade performance and provide an enhanced comprehension of the specialization pattern. The study has selected 45 agricultural commodities, categorized into seven sections according to the HS Nomenclature 2017. The findings revealed that India boasts a more diversified export portfolio compared to China, with a more significant number of agriculture chapters demonstrating a comparative advantage. Conversely, China’s export basket is more concentrated, featuring fewer chapters with a comparative advantage but higher values of RCA and RSCA. The paper also identified the prospective areas for agriculture-trade cooperation and collaboration between the two countries and put forward recommendations. This research aims to offer valuable insights for policymakers, researchers, and traders to enhance bilateral ties and mutual benefits in the agriculture sector. Public Library of Science 2023-11-30 /pmc/articles/PMC10688643/ /pubmed/38032976 http://dx.doi.org/10.1371/journal.pone.0294561 Text en © 2023 Shukla et al https://creativecommons.org/licenses/by/4.0/This is an open access article distributed under the terms of the Creative Commons Attribution License (https://creativecommons.org/licenses/by/4.0/) , which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
spellingShingle Research Article
Shukla, Swaraj
Sadykova, Kamilla
Tian, Jinjin
Research on India-China agriculture trade dynamics: A comparative advantage analysis
title Research on India-China agriculture trade dynamics: A comparative advantage analysis
title_full Research on India-China agriculture trade dynamics: A comparative advantage analysis
title_fullStr Research on India-China agriculture trade dynamics: A comparative advantage analysis
title_full_unstemmed Research on India-China agriculture trade dynamics: A comparative advantage analysis
title_short Research on India-China agriculture trade dynamics: A comparative advantage analysis
title_sort research on india-china agriculture trade dynamics: a comparative advantage analysis
topic Research Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10688643/
https://www.ncbi.nlm.nih.gov/pubmed/38032976
http://dx.doi.org/10.1371/journal.pone.0294561
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