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The Intensive and Extensive Margins of China's Agricultural Trade

机译:中国农业贸易的密集和广泛利润率

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摘要

Utilizing the 1995-2013 Harmonized System's six-digit agricultural product data for China, this study measures the dual margin contribution to export growth in China's agricultural products. Results show that contribution from the intensive margin has reached and been staying at a high level since 2007, providing new insight in explaining the deteriorating terms of trade in China's agricultural products. In light of this, an empirical analysis of the determinants of dual margins indicates that larger trading partners lead to less growth in exports of both new and existing products. Destination countries with higher labor productivities and lower fixed trade costs are China's target markets to convert intensive-margin-driven growth into extensive-margin-driven growth. In addition, the impact of relative labor productivity and free trade agreements on the intensive margin differs between primary and processed products due to their product characteristics.
机译:该研究采用1995 - 2013年协调系统的六位数的农产品数据,对中国农产品出口增长的双重保证金贡献。 结果表明,自2007年以来,强化利润率的贡献达到了高层,提供了新的洞察,以解释中国农产品的贸易条件恶化。 鉴于此,对双重边缘的决定因素的实证分析表明,较大的贸易伙伴导致新和现有产品出口的增长率较低。 具有较高劳动力的目的地国家和较低的固定贸易成本是中国的目标市场,将强烈的边缘驱动的增长转换为广泛的边缘驱动的增长。 此外,由于产品特征,相对劳动生产率和自由贸易协定对密集型保证金的影响不同。

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