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Comparative market analysis |
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Comparative market analysisAn estimate of the value of a property based on an analysis of sales of properties with similar characteristics.Comparative market analysis Similar MatchesChain of comparative advantageChain of comparative advantageA ranking of goods or countries in order of comparative advantage. With two countries and many goods, goods can be ranked by comparative advantage (e.g., by relative unit labor requirements in the Ricardian model). A country's exports will then lie nearer one end of the chain than its imports. With two goods, many countries can be ordered similarly. Kaleidoscope comparative advantageKaleidoscope comparative advantageA variant of fragmentation due to Bhagwati and Dehejia (1994). 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). Comparative 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. Further SuggestionsComparative credit analysisComparative advantage Comparative static Law of Comparative Advantage |
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