Consistency of Specialization Indicators. An Application to Argentina and Uruguay Butter International Trade

Authors

  • Edith Depetris Guiguet Departamento de Economía, FCE Universidad Nacional del Litoral
  • Rodrigo García Arancibia Departamento de Economía, FCE Universidad Nacional del Litoral
  • Gustavo Rossini Departamento de Economía, FCE Universidad Nacional del Litoral

DOI:

https://doi.org/10.46661/revmetodoscuanteconempresa.2150

Keywords:

Mercosur, flujos comerciales, lácteos, indicadores de especialización comercial, trade flows, dairy products, indices of trade specialization

Abstract

This study aims to evaluate, in terms of their cardinal, ordinal, and dichotomy consistency, five alternative comercial specialization indicators: a Balassa symmetric index version; a Chi-Squared Index; and the Relative Trade Advantage Index, all these three based on revealed comparative advantage theory; and two additional: Michaely Index variation, and Iapadre Index variation, based on trade balance flows. It is applied to the particular case of Argentina and Uruguay butter world trade during 1995-2006. The results vary for both countries. Some indicators are found to be useful as substitutes while other in a complementary manner. Economically, the indicators show that the Argentine specialization fluctuates among years while the Uruguayan is very stable. 

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References

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Published

2016-11-04

How to Cite

Depetris Guiguet, E., García Arancibia, R., & Rossini, G. (2016). Consistency of Specialization Indicators. An Application to Argentina and Uruguay Butter International Trade. Journal of Quantitative Methods for Economics and Business Administration, 9, Páginas 85 a 105. https://doi.org/10.46661/revmetodoscuanteconempresa.2150

Issue

Vol. 9 (2010)

Section

Articles

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