|
|
|
|
|
Huan-Niemi, Ellen; Niemi, Jyrki S.. |
This paper examined China’s agricultural imports in regard to income growth, import price changes, and tariff reductions due to China’s trade liberalisation. More specifically, it attempted to model behavioural relationships in the agricultural trade between China and the EU by using annual trade data from 1986 to 2005. Econometric models were constructed for six agricultural products exported from the EU to China – frozen pigmeat, frozen fish, whey, barley, beer, and wine. The results indicated that China’s agricultural imports on a product basis are insensitive to absolute price changes. Therefore, the examination of the price elasticities confirmed the expectation that demand for Chinese agricultural imports is relatively inelastic to absolute price... |
Tipo: Conference Paper or Presentation |
Palavras-chave: EU; China; Agricultural imports; Income growth; Tariff reductions; Agricultural and Food Policy; Demand and Price Analysis; International Relations/Trade. |
Ano: 2009 |
URL: http://purl.umn.edu/51541 |
| |
|
| |
|
|
Niemi, Jyrki S.; Huan-Niemi, Ellen. |
China's trade with the world doubled after joining the WTO. This study attempts to identify and measure quantitatively the effects of changing economic environment and trade policies on China's global agricultural imports as well as imports from the EU. The approach is to model behavioral relationships in the agricultural trade between China and the EU by using annual trade data from 1986 to 2005. The results indicate that Chinese agricultural imports are relatively inelastic to absolute price changes, but relative price changes significantly affect the market shares of EU exports due to price competition. Trade liberalization in the form of tariff reductions is trivial in changing the quantity of China's agricultural imports from the EU. Rapid income... |
Tipo: Journal Article |
Palavras-chave: China; EU; WTO; Agricultural imports; Income; Tariff; Price; Model; International Relations/Trade. |
Ano: 2007 |
URL: http://purl.umn.edu/8163 |
| |
|
|
|