Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/196464 
Year of Publication: 
2018
Citation: 
[Journal:] Amfiteatru Economic Journal [ISSN:] 2247-9104 [Volume:] 20 [Issue:] 49 [Publisher:] The Bucharest University of Economic Studies [Place:] Bucharest [Year:] 2018 [Pages:] 788-803
Publisher: 
The Bucharest University of Economic Studies, Bucharest
Abstract: 
The paper mainly studies trade complementarity between China and three Baltic States, namely Lithuania, Latvia and Estonia. The paper first introduces China and the three Baltic States' current trade situation. It then makes an empirical analysis on the trade complementarity between China and the three Baltic States by using models of revealed comparative advantage (RCA) and trade complementarity index (TCI) respectively, which reveals that complementarities of China to the Baltic States are mainly in the labor-intensive products, while complementarities of the three Baltic States to China are in the resource-intensive products. However, the current structure of imported goods from the Baltic States to China is different from the results of complementarity analysis. In this study an expanded trade gravity model is used to analyze trade potential, which helps to develop feasible trade strategies and it shows that trade between China and the Baltic States needs to be fully exploited.
Subjects: 
Baltic States
China
complementarity
trade potential
trade gravity model
JEL: 
F13
F14
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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