Depetris Guiguet, Edith García Arancibia, Rodrigo Rossini, Gustavo
Year of Publication:
[Journal:] Revista de Métodos Cuantitativos para la Economía y la Empresa [ISSN:] 1886-516X [Volume:] 09 [Year:] 2010 [Pages:] 85-105
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.
Mercosur trade flows dairy products indices of trade specialization