scholarly journals Export Specialization of India with Top Five Agricultural Economies: An Application of RCA and RSCA

2019 ◽  
Vol 8 (12) ◽  
pp. 4705-4708 ◽  
Keyword(s):  
International Trade ◽  
Comparative Advantage ◽  
Export Performance ◽  
Standard International Trade Classification ◽  
Revealed Comparative Advantage ◽  
Agriculture Sector ◽  
Indian Agriculture ◽  
World Demand ◽  
Trade Classification ◽  
Export Specialization

The paper attempts to determine Revealed Comparative Advantage (RCA) and Revealed Symmetric Comparative Advantage (RSCA) of Indian agriculture sector with respect to top five agriculture exporting countries viz; USA, UK, UAE, Singapore and China. The study evaluates the structure of comparative advantage from 1995-2017. Data as per the Standard International Trade Classification (SITC-1) is used to compute RCA and RSCA index. The indices reveals the comparative advantage in case of majority of commodities like fish, fish preparations, fruits, vegetables, sugar, sugar preparations, miscellaneous food products, wood, lumber and cork. Increasing world demand for exports trailed by the competitiveness of Indian exports has played an important role in export performance.

scholarly journals Estimation of export specialization: Lithuanian case

Equilibrium ◽  
2015 ◽  
Vol 10 (3) ◽  
pp. 129 ◽  
Author(s):  
Dalia Bernatonyte
Keyword(s):  
Comparative Advantage ◽  
Structural Changes ◽  
Raw Materials ◽  
Standard International Trade Classification ◽  
Dissimilarity Index ◽  
Calculation Results ◽  
Trade Classification ◽  
Export Specialization ◽  
Methods Of Measurement ◽  
The Eu

This paper investigates the nature and pattern of export specialization in Lithuania. The aim of this paper is to estimate the nature and pattern of Lithuanian export specialization under the existing conditions. Seeking to define the nature and pattern of export specialization, the basic methods of export specialization measurement and the nature and pattern of export specialization in trade between Lithuania and the EU are determined. For measurement of the pattern of export specialization in Lithuania two approaches are adopted. The index of export specialization is used to determine the pattern of comparative advantage. Secondly, trade dissimilarity index is used to predict structural changes in Lithuanian exports. Using these methods of measurement and standard international trade classification (SITC), the nature and pattern of Lithuanian export specialization was determined. It was found that the biggest flows from Lithuania to the EU are in the following groups: food, drink and tobacco; raw materials; mineral fuels, lubricants and related materials. These calculation results show the main directions of nature and pattern of export specialization. This research could be useful for preparing and forecasting the possibilities of Lithuanian export development.

scholarly journals Pakistan’s Exports and Global Economy: Export Competitiveness and Efficiency of Toys and Games

2021 ◽  
Vol 4 (4) ◽  
pp. 811-819
Author(s):  
Muhammad Shahid Maqbool ◽  
Furrukh Bashir ◽  
Hafeez Ur Rehman ◽  
Rashid Ahmad
Keyword(s):  
International Trade ◽  
Competitive Advantage ◽  
Comparative Advantage ◽  
Global Economy ◽  
Export Performance ◽  
World Market ◽  
Revealed Comparative Advantage ◽  
Export Sector ◽  
The World ◽  
Export Competitiveness

The aim of this study is to examine the export performance and competitiveness of Pakistan's toy exports by using different indices of revealed comparative advantage. The data were looked at from the International Trade Centre (ITC) for Pakistan’s toys exports during 2004-2020. The results of this study show that Pakistan enjoyed a comparative advantage in exporting toys to the world market during 2004-2020, because the RCA index is greater than 1. The positive values of RSCA and LnRCA indicate that Pakistan had a CA in the concerned sector during 2004-2020. The study also observed that Pakistan had a competitive advantage by employing Vollrath index (RCA#). In addition, the revealed competitiveness index (RC) indicates that Pakistan experienced competitiveness in the toy export sector. The RMA index shows that Pakistan also enjoyed a comparative advantage in the imports of toys during 2004-2020. This means that Pakistan also imports these products from other economies of the world. The index of RTA describes that Pakistan had a net comparative advantage in this sector during analysis. TBI illustrates that Pakistan is the net-exporter in the toys and games sector in the global economy. Pakistan's toy manufacturers need to find new innovative and technologically advanced methods to stimulate domestic toy production and exports.

scholarly journals Shifts in Pattern of Specialization: Case Studies of India and China

2008 ◽  
Vol 10 (1) ◽  
pp. 45
Author(s):  
Tri Widodo
Keyword(s):  
International Trade ◽  
Comparative Advantage ◽  
Rank Correlation ◽  
Standard International Trade Classification ◽  
China And India ◽  
Spearman’S Rank Correlation ◽  
Comparative Advantages ◽  
Trade Classification ◽  
Pattern Of Specialization ◽  
India And China

This paper examines shifts in pattern of specialization of China’s and India’s exported groups of products defined in the three-digit Standard International Trade Classification (SITC) Revision 2. This paper applies Revealed Symmetric Comparative Advantages (RSCA) index and Spearman’s rank correlation. Some conclusions are withdrawn. First, on average the comparative advantages of both China and India increase, except in the case of China for the period of 1998-2003. Second, China’s pattern of comparative advantage changes more dynamically than that of India. Third, the China’s and India’s patterns of comparative advantage show different trends (divergent/more complementary).

DAYA SAING EKSPOR PRODUK CPO INDONESIA DAN POTENSI HILIRISASI DIOLAH MENJADI BIODIESEL

2020 ◽  
Vol 4 (2) ◽  
Author(s):  
Danar Agus Susanto
Keyword(s):  
Palm Oil ◽  
Comparative Advantage ◽  
Global Market ◽  
National Standard ◽  
Revealed Comparative Advantage ◽  
Crude Palm Oil ◽  
A Value ◽  
World Demand ◽  
Domestic Use

ABSTRACTIndonesia is the world's largest producer of crude palm oil (CPO). Even so, the trend of international trade in Indonesian CPO products has decreased in the last 10 years with a value of -10.19%. The decline in world demand for CPO can be dealt with by utilizing CPO as a biofuel for domestic use, like biodiesel. The purpose of this study is to determine the competitiveness of Indonesian CPO in global trade and determine the parameters of the quality requirements of CPO and biodiesel. The competitiveness analysis method uses the Revealed Comparative Advantage (RCA) method, while the analysis of the potential quality of CPO as a biofuel is carried out by analyzing the Indonesian National Standard (SNI). CPO trade in the global market is controlled by Indonesia with a market share of 50% and Malaysia 25.6%, with the declining trade trend in the last 10 years relatively (2010-2019) of -6.91%. The level of competitiveness of Indonesian CPO products in 2019 is very strong, but on average in the last 10 years, the level of competitiveness of Indonesian CPO is no better than that of Malaysia. Indonesia has SNI 01-2901-2006 and SNI 7182: 2015 as a determinant of the quality of CPO and biodiesel products developed in Indonesia so that the CPO and biodiesel produced fullfil sacurity and safety aspects when used by consumers.Keywords: crude palm oil (CPO), competitivenessv, quality, Indonesian National Standard (SNI) ABSTRAKIndonesia merupakan negara produsen minyak kelapa sawit mentah/ Crude Palm Oil (CPO) terbesar di dunia. Meskipun demikian, tren perdagangan internasional produk CPO Indonesia mengalami penurunan dalam sepuluh tahun terakhir dengan nilai -10,19%. Penurunan permintaan dunia terhadap CPO, dapat disiasati dengan memanfaatkan CPO sebagai bahan bakar nabati untuk keperluan dalam negeri sebagai biodiesel. Tujuan penelitian ini adalah mengetahui daya saing CPO Indonesia dalam perdagangan global dan mengetahui parameter persyaratan mutu CPO dan biodiesel. Metode analisis daya saing menggunakan metode Revealed Comparative Advantage (RCA), sedangkan analisis potensi kualitas CPO sebagai biofuel dilakukan dengan menganalisis Standar Nasional Indoensia (SNI). Perdagangan CPO dalam pasar global dikuasai oleh Indonesia dengan pangsa pasar 50% dan Malaysia 25,6%, dengan tren perdagangan relatif menurun dalam 10 tahun terakhir (2010-2019) sebesar -6,91%. Tingkat daya saing produk CPO Indonesia pada tahun 2019 sangat kuat, namun secara rata-rata dalam 10 tahun terakhir, tingkat daya saing CPO Indonesia tidak lebih baik dari Malaysia. Indonesia memiliki SNI 01-2901-2006 dan SNI 7182:2015 sebagai penentu kualitas produk CPO dan biodiesel yang dikembangkan di Indonesia, sehingga CPO dan biodiesel yang dihasilkan memenuhi aspek keamanan dan keselamatan ketika digunakan oleh konsumen.Kata kunci: crude palm oil (CPO), daya saing, kualitas, Standar Nasional Indonesia (SNI)

scholarly journals Export Competitiveness Analysis of Creative Industries in the European Union

2020 ◽  
Vol 17 (1) ◽  
pp. 28-37
Author(s):  
Deimantė Krisiukėnienė ◽  
Vaida Pilinkienė
Keyword(s):  
International Trade ◽  
Comparative Advantage ◽  
Theoretical Background ◽  
Creative Industries ◽  
Research Purpose ◽  
The European Union ◽  
Revealed Comparative Advantage ◽  
Data Set ◽  
Trade Competitiveness ◽  
The Eu

AbstractResearch purpose. The research purpose is to assess and compare the competitiveness of the EU creative industries’ export.Design/Methodology/Approach. The article is organised as follows: Section 1 presents a short theoretical conception of creative industries; Section 2 presents the theoretical background of trade competitiveness indices; Section 3 introduces the research data set, method and variables; Section 4 discusses the results of the revealed comparative advantage index analysis; and the final section presents the conclusions of the research. It should be noted that the research does not cover all possible factors underlying the differences in the external sector performance and thus may need to be complemented with country-specific analysis as warranted. Methods of the research include theoretical review and analysis, evaluation of comparative advantage indices and clustering.Findings. The analysis revealed that the EU countries may gain competitiveness because of the globalisation effects and the development of creative industries. The increase in the revealed comparative advantage (RCA) index during the period 2004–2017 shows rising EU international trade specialisation in creative industries. According to dynamic RCA index results, France, Poland, Slovakia, Slovenia and Spain has competitive advantage in creative industries sectors and could be specified as ‘rising stars’ according to dynamic of their export.Originality/Value/Practical implications. A creative industries analysis is becoming increasingly relevant in scientific research. Fast globalisation growth affects the processes in which closed economies together with their specific sectors are no longer competitive in the market because productivity of countries as well as particular economic sectors depends on international trade liberalisation, technology and innovation. Scientific literature, nevertheless, contains a gap in the area of international trade competitiveness research in creative industries sector.

scholarly journals Physical and Monetary Methods for Estimating the Hidden Trade of Materials

Resources ◽  
2019 ◽  
Vol 8 (2) ◽  
pp. 89
Author(s):  
Wei-Qiang Chen ◽  
Zi-Jie Ma ◽  
Stefan Pauliuk ◽  
Tao Wang
Keyword(s):  
International Trade ◽  
Physical Method ◽  
Time Cost ◽  
Standard International Trade Classification ◽  
Input Output ◽  
Trade Data ◽  
Aluminum Iron ◽  
Trade Classification ◽  
End Use ◽  
The U.S

The hidden trade of a material (e.g., aluminum) refers to the trade of that material embedded in final products (e.g., automobiles). There are two methods for estimating the hidden trade amount of materials: (1) the physical method relies on the physical trade data (measured by physical units) in which products are categorized according to the standard international trade classification codes or the harmonized system codes; and (2) the monetary method relies on the monetary trade data (measured by monetary units) in which products are categorized in accordance to the sectors of an input–output (IO) table. Information on material concentrations in products can be relatively quickly estimated by an IO-based model in the monetary method, but will have to be collected from various sources with intensive time cost in the physical method. Exemplified by the U.S. hidden trade of aluminum, iron, and copper in 2007, this study attempts to compare the two methods. We find that, despite the unavoidable but reasonable differences in the amounts of three metals trade, the results generated by the two methods are consistent with each other pretty well for final products at the level of end-use product groups (e.g., total transportation facilities). However, the comparison for specific products (e.g., automobiles) is challenging or does not generate consistent enough results. We suggest that similar estimations be done for more materials, more countries/territories, and different years, to gain experience, reduce estimation time and costs, and increase the knowledge base on metal flows in society.

scholarly journals The Basic for Trade According to International Trade Theories and Their Relation with Trade Policies

Ekonomika ◽  
1999 ◽  
Vol 47 ◽  
Author(s):  
Gražina Jatuliavičienė
Keyword(s):  
International Trade ◽  
Competitive Advantage ◽  
Comparative Advantage ◽  
Imperfect Competition ◽  
Economies Of Scale ◽  
Export Performance ◽  
Trade Policies ◽  
Theoretical Evaluation

In the article is presented an overview over some of the competing theories aimed at explaining the basis and gains of international trade. Key classical concepts such as absolute and comparative advantage are explained and extended to include modern-day realities. The article also deals with important new trade theories, which base trade on economies of scale and imperfect competition, as well as on competitive advantage. This leads to the theoretical evaluation of a country’s trade policies and their impact on export performance.

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