Cross-Country Potentials and Advantages in Trade in Fish and Seafood Products in the RCEP Member States

Virtual water flows and drivers in the international trade of agricultural products of the regional comprehensive economic partnership

The regional comprehensive economic partnership (RCEP) is today the largest free trade area in the world. This paper examines agricultural trade in the RCEP from 2010 to 2019 through the perspective of virtual water. And the drivers of the virtual water flow between China and the RCEP are also explored. The results are as follows: the virtual water flow during the study period was 2,576.51 billion m3. From a temporal perspective, the annual virtual water flow over the study period is characterized by a slow rise-significant fall-slow rise. It has the characteristics of concentration in spatial distribution and water resources and product structure. However, the concentration degree showed a downward trend during the study period. Then, we have divided the major trading into four categories based on whether there is a shortage of water on both sides of the trade. In terms of the drivers of virtual water flows between China and the RCEP, we have used the gravity model to arrive at the following findings: crop yields, bilateral economic scale, and agricultural labor resources are the main drivers. Our research results have reference values for adjusting bilateral agricultural trade and water conservation.

The Spatial Correlation and Driving Mechanism of Wood-Based Products Trade Network in RCEP Countries

Clarifying the spatial correlation and driving mechanism of wood-based products trade network is conducive to promoting the Regional Comprehensive Economic Partnership (RCEP) to a higher level. Firstly, we explored the characteristics of spatial correlation and evolution tendency of raw material-type wood-based products trade network (TN-WFPM) and product-type wood-based products trade network (TN-WFPP) from the overall characteristics, centrality, and node coreness of the networks according to social network analysis method. Then we analyzed the driving mechanism of the spatial correlation according to the quadratic assignment procedure (QAP). The results show that, compared with TN-WFPM, the density, reciprocity, and agglomeration of the TN-WFPP are relatively stronger. The centrality and evolution characteristics of RCEP countries are different in the networks. The coreness of China and Thailand in the TN-WFPP has always been in the top two, while the coreness of China, Japan, and Korea has increased significantly and China has been the top since 2010 in the TN-WFPM. Factors like cultural distance, forest resource endowment, forest certification area, economic scale, economic distance, and free trade agreements (FTA) have significant impacts on the spatial correlation of wood-based products trade among RCEP countries. Furthermore, the impacts of different factors on the two kinds of networks are heterogeneous.