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Revealed Comparative Advantage And The Measurement Of International Competitiveness For Agricultural Commodities: An Empirical Analysis Of Wool Exporters

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  • Leishman, David
  • Menkhaus, Dale J.
  • Whipple, Glen D.

Abstract

Trade liberalization and laissez-faire economics are altering the structure of agricultural production and trade. The principle of comparative advantage, a classic tenet of economics, is a useful tool for understanding the future of world agriculture. This study employs a "Revealed Comparative Advantage" approach to investigate patterns of comparative advantage among six major wool exporting countries.

Suggested Citation

  • Leishman, David & Menkhaus, Dale J. & Whipple, Glen D., 1999. "Revealed Comparative Advantage And The Measurement Of International Competitiveness For Agricultural Commodities: An Empirical Analysis Of Wool Exporters," 1999 Annual Meeting, July 11-14, 1999, Fargo, ND 35691, Western Agricultural Economics Association.
    • Handle: RePEc:ags:waeafa:35691
    DOI: 10.22004/ag.econ.35691
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    References listed on IDEAS

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    1. Bardsley, Peter, 1994. "The Collapse of the Australian Wool Reserve Price Scheme," Economic Journal, Royal Economic Society, vol. 104(426), pages 1087-1105, September.
    2. Balassa, Bela, 1977. "'Revealed' Comparative Advantage Revisited: An Analysis of Relative Export Shares of the Industrial Countries, 1953-1971," The Manchester School of Economic & Social Studies, University of Manchester, vol. 45(4), pages 327-344, December.
    3. Ian Goldin, 1990. "Comparative Advantage: Theory and Application to Developing Country Agriculture," OECD Development Centre Working Papers 16, OECD Publishing.
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    Cited by:

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