|
|
Comparative credit analysis |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Comparative credit analysisComparing a firm to others that have a desired target debt rating in order to deduce an appropriate financial ratio target.Comparative credit analysis Similar MatchesComparative advantageComparative advantageTheory suggesting that specialization by countries can increase worldwide production. Dynamic comparative advantageDynamic comparative advantageA changing pattern of comparative advantage over time due to changes in factor endowments or technology. Comparative market analysisComparative market analysisAn estimate of the value of a property based on an analysis of sales of properties with similar characteristics. Comparative advantageComparative advantageThe ability to produce a good at lower cost, relative to other goods, compared to another country. In a Ricardian model, comparison is of unit labor requirements; more generally it is of relative autarky prices. With perfect competition and undistorted markets, countries tend to export goods in which they have comparative advantage. See also absolute advantage. Due to Ricardo (1815). Revealed comparative advantageRevealed comparative advantageBalassa's (1965) measure of relative export performance by country and industry, defined as a country's share of world exports of a good divided by its share of total world exports. The index for country i good j is RCAij = 100(Xij /Xwj)/(Xit /Xwt) where Xab is exports by country a (w=world) of good b (t=total for all goods). Further SuggestionsKaleidoscope comparative advantageLaw of Comparative Advantage Chain of comparative advantage Comparative static |
|
|
|