scholarly journals Analysis of Trade Competitiveness of Pakistan Cereal Products in Global Perspective

2020 ◽  
Vol 6 (1) ◽  
pp. 97-106
Author(s):  
Muhammad Shahid Maqbool ◽  
Tahir Mahmood ◽  
Saddam Hussain ◽  
Muhammad Ashraf
Keyword(s):  
Comparative Advantage ◽  
Global Economy ◽  
Market Access ◽  
Global Market ◽  
Global Perspective ◽  
Special Focus ◽  
Cereal Products ◽  
Trade Center ◽  
Trade Competitiveness ◽  
Net Export

The present study has measured the cereal export competitiveness of Pakistan in global economy by utilizing different indices of Revealed comparative advantage (RCA): Balassa index (RCA), Vollrath index (RCA#), Revealed symmetric comparative advantage index (RSCA), Revealed import advantage index (RMA), Revealed trade advantage index (RTA) and Net export index (NEI). The data have been obtained from the International Trade Center UN-COMTRADE Statistics for cereal exports of Pakistan from 2003-2018. The findings of the analysis illustrate that Pakistan had a comparative and competitive advantage in the cereal sector. Further, the findings of the RTA index show that Pakistan’s cereal exports had also a net comparative advantage. Based on current findings, Pakistan needs to concentrate on production and exports of cereals. The brand name marketing of Pakistani rice with a special focus on better quality and improved market access can enhance the country’s share of the cereal sector in the global market.

scholarly journals Revealed Comparative Advantages and Exports Competitiveness of Asean-5 Countries in the Global Market

2021 ◽  
Vol 7 (2) ◽  
pp. 281-290
Author(s):  
Muhammad Shahid Maqbool ◽  
Furrukh Bashir ◽  
Hafeez ur Rehman ◽  
Rashid Ahmad
Keyword(s):  
Comparative Advantage ◽  
Global Economy ◽  
World Market ◽  
Global Market ◽  
Human Capital Formation ◽  
Revealed Comparative Advantage ◽  
Electrical Machinery ◽  
Policy Makers ◽  
Competitive Disadvantage ◽  
Trade Center

This study aims at measuring the comparative advantage and competitiveness of the ASEAN-5 (Malaysia, Indonesia, Philippines, Singapore and Thailand) economies in the world market. The current study employed four indices of Revealed Comparative Advantage namely Revealed Comparative Advantage index (RCA), LnRCA, Vollrath index (RCA#) and Revealed Symmetric Comparative Advantage index (RSCA). The data for the analysis has been taken from International trade center UN-COMTRADE statistics for the exports of electrical machinery for these selected economies from 2003-2020. The findings of the analysis portray that Malaysia, Philippines, Singapore and Thailand had a comparative and competitive advantage, while Indonesia had a comparative and competitive disadvantage in the electrical machinery in the global economy. This study will be helpful for the policy makers to boost human capital formation and to increase technology transfer and innovation to enhance the competitiveness and comparative advantage.

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)

Data science skills: Building partnership for efficient school curriculum delivery in Africa

2020 ◽  
Vol 36 ◽  
pp. 49-62
Author(s):  
Nureni Olawale Adeboye ◽  
Peter Osuolale Popoola ◽  
Oluwatobi Nurudeen Ogunnusi
Keyword(s):  
Machine Learning ◽  
Data Science ◽  
Open Data ◽  
School Curriculum ◽  
Global Perspective ◽  
Special Focus ◽  
African Countries ◽  
Tertiary Institutions ◽  
Data Description ◽  
Curriculum Delivery

Data science is a concept to unify statistics, data analysis, machine learning and their related methods in order to analyze actual phenomena with data to provide better understanding. This article focused its investigation on acquisition of data science skills in building partnership for efficient school curriculum delivery in Africa, especially in the area of teaching statistics courses at the beginners’ level in tertiary institutions. Illustrations were made using Big data of selected 18 African countries sourced from United Nations Educational, Scientific and Cultural Organization (UNESCO) with special focus on some macro-economic variables that drives economic policy. Data description techniques were adopted in the analysis of the sourced open data with the aid of R analytics software for data science, as improvement on the traditional methods of data description for learning and thus open a new charter of education curriculum delivery in African schools. Though, the collaboration is not without its own challenges, its prospects in creating self-driven learning culture among students of tertiary institutions has greatly enhanced the quality of teaching, advancing students skills in machine learning, improved understanding of the role of data in global perspective and being able to critique claims based on data.

Human Capital and International Capital Flows: Evidence from China

2021 ◽  
pp. 016001762198942
Author(s):  
Zhenshan Yang ◽  
Yinghao Pan ◽  
Dongqi Sun ◽  
Li Ma
Keyword(s):  
Human Capital ◽  
Capital Flows ◽  
Global Economy ◽  
Global Market ◽  
International Capital Flows ◽  
International Capital ◽  
Outward Fdi ◽  
Local Economies ◽  
Vector Autoregressive ◽  
External Resources

The pattern of international capital flows has changed dramatically in the process of globalization. In this study, we argue that human capital (HC) facilitates a region’s reversal from being a net recipient of external resources to being an active contributor in the global market. Using a panel vector autoregressive regression method, we examine the relationships among regional HC, foreign direct investment (FDI), and outward FDI during 2004–2015 in China. Our results show that HC plays a key role in both attracting FDI and generating outward FDI. The findings contribute to research on the dynamic capacity building of regions participating in the global economy, especially strengthening HC for local economies participating in the global economy as either investment recipients or contributors.

Trade and Spatial Growth

2017 ◽  
Vol 18 (1) ◽  
pp. 94-111
Author(s):  
Sirimal Abeyratne ◽  
N. S. Cooray
Keyword(s):  
International Trade ◽  
Comparative Advantage ◽  
Global Economy ◽  
Spatial Concentration ◽  
Trade Theory ◽  
Missing Link ◽  
Spatial Growth

Comparative advantage is based on ‘locational factors’ so that trade leads to growth and its spatial concentration. Until recently, the nexus between trade and spatial growth received little space within trade analyses though it did not appear to be a missing link in initial contributions to trade theory. The reshaping of the global economy with greater integration has called for analyses of trade and spatial growth. This article examines theoretical premises of the link between international trade and spatial growth, and the implications of reshaping of the global economy for the study of spatial growth within trade theory.

Capital Production and Social Equity: Finding Balance in Chinese Cities

2014 ◽  
pp. 28-35
Author(s):  
Andrew Liang
Keyword(s):  
Economic Reform ◽  
Capital Accumulation ◽  
Global Economy ◽  
Social Equity ◽  
Modern Society ◽  
Global Market ◽  
Wealth Creation ◽  
Rapid Urbanization ◽  
Chinese Cities ◽  
The One

China’s massive capital accumulation, economic ascent and wealth production has largely been the result of their rapid urbanization effort. While it is indisputable that the country has largely succeeded in its economic reform efforts given its status as the world’s second largest economy and in that process lifted hundreds of millions of its population out of poverty, it has also, in that process, created severe social inequality and friction. This essay largely argues that Chinese cities are purpose-built financial instruments for capital accumulation, a result of the forces of globalization which could only have happened in sync with the time and space of a global economy. Though highly successful, so far the process has marginalized the objective of social integration into its performative matrix indexing. In this regard China has pursued an exploitive model of market driven urbanization and the resultant morphological and spatial attributes of the Chinese cities, while having achieved spectacular results on many levels, are nevertheless disjunctive. They are commodities of generic sameness that are mass-produced and exhibit the same anesthetizing effects of the spectacle that are ever prevalent in today’s global market production process, product and place. Recognizing that globalization and capitalism are here to stay in the immediate future, it begs the question if China, while having already undertaken extreme economic reform experimentations allowing it to now bask in its temporal success, will be able to leverage its acquired market knowledge and wealth creation to prospectively overcome the incredibly complex challenge of creating equitable cities in the future — ones that balance the demands of capital production on the one hand and social equity on the other — or rather will it sink deeper into the “neoliberal modern society” that it has already become.

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 Economic productivity and competitiveness of Ukrainian exports due to the global challenges

2021 ◽  
Vol 107 ◽  
pp. 01002
Author(s):  
Lesia Petkova ◽  
Olena Berezina ◽  
Iryna Honcharenko ◽  
Ihor Osadchenko
Keyword(s):  
Economic Policy ◽  
Global Economy ◽  
Research Result ◽  
World Market ◽  
Global Market ◽  
Economic Productivity ◽  
Iron And Steel ◽  
National Economic ◽  
Innovative Products ◽  
Productivity And Competitiveness

Productivity and economic growth are key factors to maintain and improve the competitiveness of nations in the global market. The paper analyzes the prospects for the competitiveness of Ukrainian exports in the terms of pandemic circumstances and post-pandemic recovery of the global economy. The prospects for strengthening the competitiveness of Ukraine’s economy evaluating based on the modified approach for assessing the revealed comparative advantage. The dynamics and structure of major industries exports were estimating. The research result proved that the growth of innovative products in the iron and steel industry increases its competitiveness in the world market. The established reduction of the identified comparative advantages index for the main exports positions reflects the presence of structural and technological lags in the modern structure of the national economy and requires economic policy measures aimed at long-term action. Respectively, the main goals of contemporary national economic policy aimed at promoting the export competitiveness of Ukrainian products (goods & services) have to be the stimulating of R&D, infrastructure modernization and capital deepening.

scholarly journals Effect of Freight Transport Service Performance on Global Market Competitiveness

2021 ◽  
Vol 2 (2) ◽  
Author(s):  
Eyakem Fikru
Keyword(s):  
International Trade ◽  
Performance Index ◽  
Freight Transport ◽  
Global Market ◽  
Service Performance ◽  
Research Approach ◽  
Transport Service ◽  
Market Competitiveness ◽  
Trade Competitiveness ◽  
The Right

The producers, intermediaries, shippers, and consignees, located often thousands of miles distant from each other, require efficient transport and logistics services to get the right product with the right quality and quantity to the right place within the right time and above all at a right price. The main objective of this study was to assess the effect of freight transport service performance on international trade competitiveness. A descriptive research design was used. Secondary data were collected from international organizations' policy, standards documents, and annual report of the year 2018 by using the Logistic Performance Index rank. Moreover, a quantitative research approach was applied. The data were entered, manipulated, organized, and analyzed using Excel and Statistical Package for Social Science. Both descriptive and inferential analyses were used to identify and examine the extent of international trade competitiveness and its implication in the global market. As the result reviled the entire logistic performance factors such as Growth Domestic Product, Distance, Infrastructure, Landlocked, and Timelines were found to be significantly important to determine the global market competitiveness. But, the geographical distance between bilateral countries affected a country’s trade negatively. The top 10 higher Logistic Performance Index scores more competitive and better implementer of the effects of freight transport factors; whereas, the bottom scorers had an ineffective market link with their partners.

scholarly journals Drivers of the duration of comparative advantage in the European Union’s agri-food exports

2018 ◽  
Vol 64 (No. 2) ◽  
pp. 51-60 ◽  
Author(s):  
Bojnec Stefan ◽  
Ferto Imre
Keyword(s):  
Comparative Advantage ◽  
Unobserved Heterogeneity ◽  
Descriptive Analysis ◽  
Global Market ◽  
The European Union ◽  
Time Duration ◽  
Probability Of Survival ◽  
Comparative Advantages ◽  
Level Of Economic Development ◽  
The Eu

The article investigates the duration of comparative advantage indices in the European Union (EU-27) agri-food exports using the normalised revealed comparative advantage index on the global market. There is employed both a descriptive analysis of the duration of comparative advantage, and examined the major drivers using discrete-time duration models with proper controls for unobserved heterogeneity. The robustness of the models is tested with alternative estimation procedures and sub-samples. Estimations show that the comparative advantages for most agri-food products survived for a certain number of years, but a high percentage of them have a shorter duration. Larger trade costs decrease the probability of survival in comparative advantages, while the level of economic development, the size of the country, the agri-food export diversification, and being a new EU member state increases it. Implications for the EU-27 member states and agri-food policies are suggested in the conclusion.

Sign in / Sign up

Export Citation Format

Share Document