International Trade Modeling Indices and Measurement Issues
AbstractTrade indices are used to measure different aspects of a country’s participation in world trade. Such indices range from Trade Openness Index (TOI) measuring the degree of openness of a country, to Commodity Concentration Index (CCI) and Revealed Comparative Advantage (RCA) measuring diversity and competitiveness of a country’s export basket. However, each index being a summary measure has its own limitation and specific use. One must, therefore, be extremely careful in drawing policy conclusions from the values of these indices obtained in the context of a given data set at hand.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 27890.
Date of creation: 07 Jun 2008
Date of revision:
Internationa Trade; RCA; CCI;
Find related papers by JEL classification:
- F18 - International Economics - - Trade - - - Trade and Environment
- P45 - Economic Systems - - Other Economic Systems - - - International Linkages
- F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Qureshi, M.S. & Wan, Guanghua, 2008.
"Trade Expansion of China and India: Threat or Opportunity,"
Working Paper Series
RP2008/08, World Institute for Development Economic Research (UNU-WIDER).
- Mahvash Saeed Qureshi & Guanghua Wan, 2008. "Trade Expansion of China and India: Threat or Opportunity?," The World Economy, Wiley Blackwell, vol. 31(10), pages 1327-1350, October.
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