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It most commonly refers to an index, called the Balassa index, introduced by Béla Balassa (1965). [1] In particular, the revealed comparative advantage of country c {\displaystyle c} in product/commodity/good p {\displaystyle p} is defined by:
The World Integrated Trade Solution (WITS) is a trade software provided by the World Bank for users to query several international trade databases.. WITS allows the user to query trade statistics (export, import, re-exports and re-imports) from the UN's repository of official international trade statistics and relevant analytical tables (UN COMTRADE), tariff and non-tariff measures data from ...
If GL i = 1, there is a good level of intra-industry trade. This means for example the Country in consideration Exports the same quantity of good i as much as it Imports. Conversely, if GL i = 0, there is no intra-industry trade at all.
The openness Index is an economic metric calculated as the ratio of a country's total trade, the sum of exports plus imports, to the country's gross domestic product. [ 1 ] = (Exports + Imports)/(Gross Domestic Product) [ 2 ]
The Marshall-Edgeworth index, credited to Marshall (1887) and Edgeworth (1925), [11] is a weighted relative of current period to base period sets of prices. This index uses the arithmetic average of the current and based period quantities for weighting. It is considered a pseudo-superlative formula and is symmetric. [12]
A Texas teen is accused of killing a classmate’s show goat by force-feeding it pesticide. Aubrey Vanlandingham, 17, is charged with cruelty to livestock animals, a felony, according to court ...
Honeywell said that it may calve its aerospace division from the conglomerate, sending shares up more than 2% before the opening bell Monday. The announcement arrives about one month after Elliott ...
Complementary goods exhibit a negative cross elasticity of demand: as the price of goods Y rises, the demand for good X falls.. In economics, a complementary good is a good whose appeal increases with the popularity of its complement.