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Net advantage to leasing |
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Net advantage to leasingThe net present value of entering into a lease financing arrangement rather than borrowing the necessary funds and buying the asset.Net advantage to leasing Similar MatchesRevealed 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). Absolute advantageAbsolute advantageA person, company or country has an absolute advantage if its output per unit of input of all goods and services produced is higher than that of another person, company or country. Law of Comparative AdvantageLaw of Comparative AdvantageThe principle that, given the freedom to respond to market forces, countries will tend to export goods for which they have comparative advantage and import goods for which they have comparative disadvantage, and that they will experience gains from trade by doing so. Idea due to Ricardo (1815). Absolute advantageAbsolute advantageThe ability to produce a good at lower cost, in terms of real resources, than another country. In a Ricardian model, cost is in term of only labor. Absolute advantage is neither necessary nor sufficient for a country to export a good. See comparative advantage. First mover advantageFirst mover advantageThe advantage that a firm or country may derive from being the first to enter a market, or from being the first to use a new technology, advertising technique, etc. Further SuggestionsYield advantageCompetitive advantage Net advantage to merging Distribution Cost Advantage Comparative advantage Locational advantage Production Cost Advantage Comparative advantage Chain of comparative advantage Location specific advantages Cost advantage Kaleidoscope comparative advantage Advantage Dynamic comparative advantage Net advantage of refunding |
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