An Analysis of EU-China Agricultural Trade Relations in the Context of Brexit – the Perspective of Trade Specialisation Dynamics

Bernadette Andreosso-O’Callaghan () and Junshi Li ()

Journal Transition Studies Review, 2020, vol. 27, issue 2, 109-130

Abstract: This paper uses trade data from 2001 to 2017 to analyse comparative advantage of both the EU27 (excluding the UK) and China by employing Balassa’s revealed comparative advantage index (BRCA) and the normalised revealed comparative advantage index (NRCA). Two broad types of trade specialisation dynamics have been analysed by using OLS regression analysis, together with Markov transition probability, Shorrocks’ mobility index, and regression trend analysis. The results show that the majority of the agricultural products are in the comparative disadvantage category, and that although the EU has a strong comparative advantage in several agricultural products, its probability to keep these advantages is lower than for China.

Keywords: EU27; China; agricultural product trade; comparative advantage; trade specialisation; Brexit (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations:

Downloads: (external link)
https://transitionacademiapress.org/jtsr/article/view/327/222 (application/pdf)
Access to full texts is restricted to Journal Transition Studies Review

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ase:jtsrta:v:27:y:2020:i:2:p:109-130:id:327

Access Statistics for this article

More articles in Journal Transition Studies Review from Transition Academia Press
Bibliographic data for series maintained by Giorgio Dominese ().