Analysis of the agriculture trade openness impact on the rural household's food consumption in China
Granted that the traditional measure methods in calculating trade openness always trigger results of singleness and twisted outcomes, the aim of the paper is to recalculate the Chinese produce trade openness after 1978, using new measure methods consisting of the trade reliance and shares. After cal...
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Format: | Article |
Language: | English |
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Czech Academy of Agricultural Sciences
2015-10-01
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Series: | Agricultural Economics (AGRICECON) |
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Online Access: | https://agricecon.agriculturejournals.cz/artkey/age-201510-0003_analysis-of-the-agriculture-trade-openness-impact-on-the-rural-household-s-food-consumption-in-china.php |
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author | Difei ZHAO Zhenyuan LIU |
author_facet | Difei ZHAO Zhenyuan LIU |
author_sort | Difei ZHAO |
collection | DOAJ |
description | Granted that the traditional measure methods in calculating trade openness always trigger results of singleness and twisted outcomes, the aim of the paper is to recalculate the Chinese produce trade openness after 1978, using new measure methods consisting of the trade reliance and shares. After calculation and contrasting, obvious differences have been found between the new and traditional methods. The results of the traditional measure methods turn out to be severely underestimated, whereas the new ones are more specific to reveal the extent of the Chinese produce trade openness, along with demonstrating the function of the Chinese produce in world trade market. Based on the results, utilizing the panel data, the LA/AIDS model and price elasticity, the paper analyses the changes that rural food prices were influenced by the agricultural produce trade openness, and the changes of rural food expenditure and consumption. |
first_indexed | 2024-04-10T08:38:04Z |
format | Article |
id | doaj.art-49ac2866f71640af9158b3b215dee310 |
institution | Directory Open Access Journal |
issn | 0139-570X 1805-9295 |
language | English |
last_indexed | 2024-04-10T08:38:04Z |
publishDate | 2015-10-01 |
publisher | Czech Academy of Agricultural Sciences |
record_format | Article |
series | Agricultural Economics (AGRICECON) |
spelling | doaj.art-49ac2866f71640af9158b3b215dee3102023-02-23T03:24:38ZengCzech Academy of Agricultural SciencesAgricultural Economics (AGRICECON)0139-570X1805-92952015-10-01611046147410.17221/188/2014-AGRICECONage-201510-0003Analysis of the agriculture trade openness impact on the rural household's food consumption in ChinaDifei ZHAO0Zhenyuan LIU1School of Economics and Management, Fuzhou University, Fuzhou, ChinaSchool of Economics and Management, Fuzhou University, Fuzhou, ChinaGranted that the traditional measure methods in calculating trade openness always trigger results of singleness and twisted outcomes, the aim of the paper is to recalculate the Chinese produce trade openness after 1978, using new measure methods consisting of the trade reliance and shares. After calculation and contrasting, obvious differences have been found between the new and traditional methods. The results of the traditional measure methods turn out to be severely underestimated, whereas the new ones are more specific to reveal the extent of the Chinese produce trade openness, along with demonstrating the function of the Chinese produce in world trade market. Based on the results, utilizing the panel data, the LA/AIDS model and price elasticity, the paper analyses the changes that rural food prices were influenced by the agricultural produce trade openness, and the changes of rural food expenditure and consumption.https://agricecon.agriculturejournals.cz/artkey/age-201510-0003_analysis-of-the-agriculture-trade-openness-impact-on-the-rural-household-s-food-consumption-in-china.phpfood tradeprice elasticityrural food price |
spellingShingle | Difei ZHAO Zhenyuan LIU Analysis of the agriculture trade openness impact on the rural household's food consumption in China Agricultural Economics (AGRICECON) food trade price elasticity rural food price |
title | Analysis of the agriculture trade openness impact on the rural household's food consumption in China |
title_full | Analysis of the agriculture trade openness impact on the rural household's food consumption in China |
title_fullStr | Analysis of the agriculture trade openness impact on the rural household's food consumption in China |
title_full_unstemmed | Analysis of the agriculture trade openness impact on the rural household's food consumption in China |
title_short | Analysis of the agriculture trade openness impact on the rural household's food consumption in China |
title_sort | analysis of the agriculture trade openness impact on the rural household s food consumption in china |
topic | food trade price elasticity rural food price |
url | https://agricecon.agriculturejournals.cz/artkey/age-201510-0003_analysis-of-the-agriculture-trade-openness-impact-on-the-rural-household-s-food-consumption-in-china.php |
work_keys_str_mv | AT difeizhao analysisoftheagriculturetradeopennessimpactontheruralhouseholdsfoodconsumptioninchina AT zhenyuanliu analysisoftheagriculturetradeopennessimpactontheruralhouseholdsfoodconsumptioninchina |