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References in periodicals archive ?
Pakistan has revealed comparative advantage in some products so Korean importers were encouraged to import more from Pakistan.
Studies have suggested that Pakistan has an Indicative Potential Value of $100 million worth of exports of rice, cotton, leather and fish products to China, and an extremely high revealed comparative advantage in certain products like textiles and clothing, hides and skins, metals, food products, indicating a clear export advantage.
'Based on country RCAs (revealed comparative advantage), we also see some potential for some modest gains from trade diversion for Malaysia, Thailand, and the Philippines.
This study has also investigated the determinants of Normalized Revealed Comparative Advantage in case of Pakistan.
In terms of revealed comparative advantage, Pakistan ranks as first, in raw cotton textile manufacturing whereas India has ranks as 3rd, China 4th and Japan 12th in 2016 which was calculated using Bella Balassa Revealed comparative advantage index of 1965 (Grish Kumar, 2017).
There are several ways to identify revealed comparative advantage. One of them is the Balassa index RCA which is defined as the ratio of the difference between the export and import of commodity groups and the sum of exports and imports of these commodity groups.
Revealed Comparative Advantage (RCA) calculations show that Pakistan is competitive in citrus fruit, mangoes, apricots, peaches, olives, fish and fish products.
Structural change is proxied by the evolution of the labour skill composition of trade or, alternatively, revealed comparative advantage. Another contribution of this paper is that we examine the evolution of skill classification of China's trade with different trading partners using a common methodology and common time frame.
The Revealed Comparative advantage (RCA) indexes are computed for each of the leading regions (14).
The revealed comparative advantage (RCA), an index developed by Balassa (1965), illustrates the Ricardian principle of comparative advantage.