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An Analysis of Factors Influencing on Chinese Agricultural Exports to Korea

중국 농수산품의 대(對)한국 수출 영향요인 분석

  • Ji-Eun Pyeon (National Assembly Research Service/School of Agricultural Economics and Rural Development, Renmin University) ;
  • Eun-Young Nam (Department of Global Trade, Dongguk University-Seoul)
  • 편지은 (국회입법조사처, 중국인민대학교 농업경제관리학 ) ;
  • 남은영 (동국대학교-서울 글로벌무역학과)
  • Received : 2022.09.08
  • Accepted : 2022.10.30
  • Published : 2022.10.30

Abstract

This study aims to analyze the factors influencing exports of agricultural products(HS01~HS24) from China to Korea by estimating the gravity model with panel data from 31 provinces in China. The results of the empirical analysis from the panel Tobit model are as follows: The effects of GDP and GDP per capita on agricultural exports are reversed, but their impacts are different on exports of each product, notably HS03, HS07 and HS20. As expected, distance decreases Chinese agricultural exports, and the impact of the relative exchange rate variable is also statistically significant, although it differs from product to product. However, differences in latitude, which considers the heterogeneity of climate and agricultural production conditions between Korea and each Chinese region, does not seem to affect agricultural exports to Korea. The road length, which affects the logistical conditions of each province in China, is not statistically significant either. On the other hand, increases in the number of Chinese visitors to Korea raises the amount of Chinese agricultural exports, including exports of HS03 and HS20. The results also shows that after the Korea-China FTA agreements, agricultural exports have actually decreased, especially exports of non-processed agricultural products, such as HS07.

Keywords

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