Agricultural Trading among BRICS Countries

This paper analyzes the characteristics of BRICS's agricultural trading in four ways: export market competition, revealed comparative advantage, trade specialization index, and export similarity index. It shows that BRICS countries export different agricultural goods in the same market, so they do n...

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Veröffentlicht in:Fudan journal of the humanities and social sciences 2014-09, Vol.7 (3), p.421-431
1. Verfasser: Yin, Wenjing
Format: Artikel
Sprache:eng
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Zusammenfassung:This paper analyzes the characteristics of BRICS's agricultural trading in four ways: export market competition, revealed comparative advantage, trade specialization index, and export similarity index. It shows that BRICS countries export different agricultural goods in the same market, so they do not have real competition in agricultural trading markets. BRICS countries have a comparative advantage in different products; especially Brazil with having total different RCA products. In BRICS countries, China and Brazil are the closest trading partners. Compared with other BRICS countries, China and India have a higher similarity in agricultural trading.
ISSN:1674-0750
2198-2600
DOI:10.1007/s40647-014-0026-y