logo
ResearchBunny Logo
Abstract
This paper investigates the selection of trading partners using economic complexity theory, analyzing Chinese and US trade networks from 2001 to 2015. It explores multi-level considerations for exporting countries, revealing varying product diversification challenges and market clustering tendencies. China shows increasing product proximity, particularly in textiles, while the US shows decreasing proximities. Trading positions and product dependencies vary significantly between markets, highlighting distinct market dynamics and suggesting strategies for maximizing economic benefits based on product type and market.
Publisher
Humanities and Social Sciences Communications
Published On
Jul 16, 2024
Authors
Zhuoming Ren, Wenli Du, Ziyi Zhao, Li Zhao, Tongfeng Weng
Tags
economic complexity
trade networks
product diversification
market clustering
China
USA
trade dynamics

Related Publications

Explore these studies to deepen your understanding of the subject.

Neuroimaging the effects of smartphone (over-)use on brain function and structure-a review on the current state of MRI-based findings and a roadmap for future research
Biology

Neuroimaging the effects of smartphone (over-)use on brain function and structure-a review on the current state of MRI-based findings and a roadmap for future research

C. Montag and B. Becker

Analysis of the agricultural economic value of a weather forecasting service based on a survey of peasant households in Chinese provinces
Economics

Analysis of the agricultural economic value of a weather forecasting service based on a survey of peasant households in Chinese provinces

D. Shen, X. Zhao, et al.

Discrepancies in the newsworthiness of maritime security in Chinese and US media outlets: a corpus-based discursive news values analysis
Political Science

Discrepancies in the newsworthiness of maritime security in Chinese and US media outlets: a corpus-based discursive news values analysis

C. Chen and R. Liu

The impact of international logistics performance on import and export trade: an empirical case of the "Belt and Road" initiative countries
Business

The impact of international logistics performance on import and export trade: an empirical case of the "Belt and Road" initiative countries

W. Wang, Q. Wu, et al.

Listen, Learn & Level Up
Over 10,000 hours of research content in 25+ fields, available in 12+ languages.
No more digging through PDFs, just hit play and absorb the world's latest research in your language, on your time.
listen to research audio papers with researchbunny