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...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Public Library of Science (PLoS)
2023-01-01
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| Series: | PLoS ONE |
| Online Access: | https://journals.plos.org/plosone/article/file?id=10.1371/journal.pone.0294561&type=printable |
| _version_ | 1797392926271078400 |
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| author | Swaraj Shukla Kamilla Sadykova Jinjin Tian |
| author_facet | Swaraj Shukla Kamilla Sadykova Jinjin Tian |
| author_sort | Swaraj Shukla |
| collection | DOAJ |
| 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. |
| first_indexed | 2024-03-08T23:54:40Z |
| format | Article |
| id | doaj.art-51e8742bfba341b9a27672a9fc033a4d |
| institution | Directory Open Access Journal |
| issn | 1932-6203 |
| language | English |
| last_indexed | 2024-03-08T23:54:40Z |
| publishDate | 2023-01-01 |
| publisher | Public Library of Science (PLoS) |
| record_format | Article |
| series | PLoS ONE |
| spelling | doaj.art-51e8742bfba341b9a27672a9fc033a4d2023-12-13T05:32:28ZengPublic Library of Science (PLoS)PLoS ONE1932-62032023-01-011811e029456110.1371/journal.pone.0294561Research on India-China agriculture trade dynamics: A comparative advantage analysis.Swaraj ShuklaKamilla SadykovaJinjin TianThis 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.https://journals.plos.org/plosone/article/file?id=10.1371/journal.pone.0294561&type=printable |
| spellingShingle | Swaraj Shukla Kamilla Sadykova Jinjin Tian Research on India-China agriculture trade dynamics: A comparative advantage analysis. PLoS ONE |
| 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 |
| url | https://journals.plos.org/plosone/article/file?id=10.1371/journal.pone.0294561&type=printable |
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