Comperative Advantage Analysis In Selected Trade Deficit Categories In Australia: 1990-2006

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Belicka, Samuel and Saleh, Ali Salman (2011) Comperative Advantage Analysis In Selected Trade Deficit Categories In Australia: 1990-2006. Academy of Taiwan Business Management Review, 7 (2). pp. 113-141. ISSN 1813-0534

Abstract

This study develops and calculates the Comparative Advantage (CA) indices between eight selected Trade Deficit (TD) countries (China, France, Germany, Malaysia, Singapore, Thailand, United Kingdom, United States of America ) in 4 selected TD goods categories (542: - Medicaments incl. Vet; 759: - Office Equipment Parts/ Accessories; 764: - Telecoms Equipment NES and 781: - Passenger Cars Etc.) and are all based on SITC-31 level of aggregation. The CA analysis was conducted by calculating and observing the Balassa Revealed Comparative Advantage Index (BRCAI), the Vollrath Revealed Export Advantage Index (VRXAI), the Vollrath Revealed Import Advantage Index (VRMAI), the Vollrath Revealed Trade Advantage Index (VRTAI) and the Vollrath Revealed Competitive Advantage Index (VRCAI). In addition to the CA indices, the trade performance indices are analysed by calculating and observing the Trade Specialization Index (TSI), the Export Propensity Index (XPI), the Import Penetration Index (MPI) and the Export/ Import Ratio (XMR). The overall results indicate that Australia records a Revealed Comparative Disadvantage (RCD) in all the selected categories. Furthermore, there is evidence that the X in all categories is increasing overtime as a proportion of the domestic output and the M competition for the Australian producers in all categories is increasing.

Additional Information

To facilitate search added title as follow: Comparative Advantage Analysis In Selected Trade Deficit Categories In Australia: 1990-2006. Published as Comperative Advantage Analysis In Selected Trade Deficit Categories In Australia: 1990-2006. Data disappearance 10/9/12. Reentered 20/9/12. (VUIR). Lyn 11/6/13

Item type Article
URI https://vuir.vu.edu.au/id/eprint/9431
Subjects Historical > FOR Classification > 1402 Applied Economics
Historical > Faculty/School/Research Centre/Department > Faculty of Business and Law
Keywords comparative advantage, trade deficit, trade indices, Australia
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