Evaluation Of The Composite Export Similarity Index On The Example Of China
DOI:
https://doi.org/10.5377/reice.v8i16.10677Keywords:
international trade, bilateral trade, export competitiveness, global export.Abstract
The purpose of this article is to enhance the Export Similarity Index to provide more reliable results on whether and to what extent two countries are potential and immediate competitors in the global trade. To achieve this existing methodology was complemented with the set of geographical destinations. This allows the evaluation of the overlap in export portfolios of two or more countries and understanding the possible level of their competition in international trade. To prove the efficiency of this enhanced index China’s export portfolio was compared with 50 largest exporters. Achieved results demonstrate a strong overlap of Chinese trade with Vietnam, Japan, and the Philippines proving the veracity of the introduced methodology.
Downloads
563
References
Didarul, H. (2006). Measuring export competitiveness in South Asia: Export similarity index approach. The Chittagong University Journal of Social Sciences, 24(1), 141-152.
Erlat, G., & Ekmen, S. (2009). Export similarity and competitiveness: The case of Turkey in the EU market. In: Proceedings of Anadolu International Conference in Economics, pp. 1-27. Eskişehir: Anadolu University.
Finger, J.M., & Kreinin, M.E. (1979). A measure of “export similarity” and its possible uses. The Economic Journal, 89(356), 905-912. doi: https://doi.org/10.2307/2231506
Ha, T.H.V. (2011). Intermediate goods trade between Vietnam and China. In: M. Kagami (ed.), Intermediate Goods Trade in East Asia: Economic Deepening Through FTAs/EPAs. Bangkok: Bangkok Research Center.
International Trade Center. (2020). Retrieved from http://www.trademap.org
Johansson, A., & Olaberría, E. (2014). Global trade and specialization patterns over the next 50 years. Paris: OECD Publishing.
Kellman, M., & Schroder, T. (1983). The export similarity index: Some structural tests. The Economic Journal, 93(369), 193-198. doi:10.2307/2232173
Khan, M.T. (2004). China, WTO and the developing countries: a constructivist analysis. Ankara: Ministry of Foreign Affairs of the Republic of Turkey.
Li, K.K. (2018). China and India trade competition and complementary: Analysis of the “Belt and Road” background. Modern Economy, 9, 1213-1227.
Ma, T., Liu, Y., & Ge, Y. (2017). A comparative study of trade relations and the spatial-temporal evolution of geo-economy between China and Vietnam. Sustainability, 9, 944.
Mikic, M., & Gilbert, J. (2007). Trade statistics in policymaking: A handbook of commonly used trade indices and indicators. Bangkok: United Nations ESCAP.
Pritesh, S. (2020). US – China trade war inspires Vietnam growth. Vietnam Briefing. Retrieved from https://www.vietnam-briefing.com/news/us-china-trade-war-inspires-vietnam-growth.html/
Schniederjans, M.J., Cao, Q., Schniederjans, D., & Gu, V.C. (2011). Consumer perceptions of product quality revisited: Made in China. Quality Management Journal, 18(3), 52-68. doi: 10.1080/10686967.2011.11918322
Schoot, P.K. (2004). The relative similarity of China’s exports to the United States vis a vis other U.S. trading partner. Unpublished Manuscript, 7, 15-23.
Wang, P., & Liu, X. (2015). Comparative analysis of export similarity index between China and EU. In: International Conference on Management Science and Management Innovation, pp. 222-227. Guilin: Atlantis Press. doi: https://doi.org/10.2991/msmi-15.2015.42
Wang, Z., Gehlhar, M., & Yao, S. (2007). Reconciling trade statistics from China, Hong Kong and their major trading partners: A mathematical programming approach. Retrieved from https://www.researchgate.net/publication/5081714_Reconciling_Trade_Statistics_from_China_Hong_Kong_and_Their_Major_Trading_Partners--A_Mathematical_Programming_Approach
World Bank. (2020). Retrieved from http://www.worldbank.org
Xu, X., & Song, L. (2000). Export similarity and the pattern of East Asian development. In: P.J. Lloyd, & Z. Xiao-Guang (eds.), China in The Global Economy, pp. 145-165. Cheltenham: Edward Elgar Publishing.
Yen, N.L. (2019). These charts show Vietnam is far from matching China’s manufacturing prowess. Retrieved from https://www.cnbc.com/2019/10/29/trade-war-can-vietnam-replace-china-as-a-global-manufacturing-hub.html
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) Revista Electronica de Investigacion en Ciencias Economicas
The rights to the articles published in REICE are from the journal, in order to be able to manage their best dissemination. However, since the purpose of the same is the dissemination of knowledge, this journal provides immediate free access to its content, under the principle that making research available to the public free of charge, which fosters a greater exchange of global knowledge.
The opinions expressed by the authors do not necessarily reflect the position of the publisher of the publication or of the UNAN-Managua. Its reproduction and distribution is authorized (in any type of support) provided that the following indications are fulfilled:
- The authorship of the work
- Indicate its origin (REICE magazine, volume, number and electronic address of the document)
