U.S.- China Agricultural Trade: Constraints and Potential

Posted: 4 Sep 1998

See all articles by Eric J. Wailes

Eric J. Wailes

University of Arkansas - Department of Agricultural Economics & Agribusiness

Cheng Fang

University of Arkansas - Dale Bumpers College of Agricultural, Food and Life Sciences

Francis C. Tuan

U.S. Department of Agriculture (USDA) - Economic Research Service (ERS)

Abstract

China's agricultural trade expanded rapidly following economic reforms and the open-door policy adopted in the late 1970s. The composition of agricultural trade with China follows its labor-abundant and land-scarce resource endowment with imports of bulk and processed intermediates and exports of consumer-ready and processed goods. Constraints on U.S.-China agricultural trade include tariffs, state trading, food security policies, and other nontariff barriers. Growth potential is based on China's fundamental demand forces including the world's largest population, a high real-income growth rate, an emerging urban middle class, and further trade reforms to be implemented through accession to the World Trade Organization.

JEL Classification: Q17, F13

Suggested Citation

Wailes, Eric J. and Fang, Cheng and Tuan, Francis C., U.S.- China Agricultural Trade: Constraints and Potential. Available at SSRN: https://ssrn.com/abstract=94470

Eric J. Wailes (Contact Author)

University of Arkansas - Department of Agricultural Economics & Agribusiness ( email )

Fayetteville, AR 72701
United States
39-6-5705-6894 (Phone)
39-6-5705-4495 (Fax)

Cheng Fang

University of Arkansas - Dale Bumpers College of Agricultural, Food and Life Sciences ( email )

Fayetteville, AR
United States
501-521-9887 (Phone)

Francis C. Tuan

U.S. Department of Agriculture (USDA) - Economic Research Service (ERS) ( email )

355 E Street, SW
Washington, DC 20024-3221
United States

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