Comparative Advantage in Interntional Trade: A Study Based on Leading Exports in Sri Lanka
<p>The export and import economic policy has both advantages and disadvantages. In Sri Lanka, however, export and import economy led to unsymmetrical export portfolio, which has continuously outcome for deficit trade balances. The main objective of this study is to identify international compe...
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Faculty of Commerce & Manangement Studies, University of Kelaniya
2014-01-01
|
| Series: | Kelaniya Journal of Management |
| Subjects: | |
| Online Access: | https://kjm.sljol.info/articles/6453 |
| _version_ | 1798043470449868800 |
|---|---|
| author | KMV Sachithra GAC Sajeevi MPK Withanawasm WMSA Jayathilake |
| author_facet | KMV Sachithra GAC Sajeevi MPK Withanawasm WMSA Jayathilake |
| author_sort | KMV Sachithra |
| collection | DOAJ |
| description | <p>The export and import economic policy has both advantages and disadvantages. In Sri Lanka, however, export and import economy led to unsymmetrical export portfolio, which has continuously outcome for deficit trade balances. The main objective of this study is to identify international competiveness of Sri Lankan exports. Revealed Symmetric Comparative Advantage (RSCA) indices use to identify the trade pattern, the sectors in which an economy has a comparative advantage, by comparing the country of interests’ trade profile with the world average. Trade Balance Index (TBI) is employed to analyze whether a country has specialization in export (as net-exporter) or in import (as net-importer) for a specific group of products. This paper concludes that even though, Sri Lanka has comparative advantage for leading exports, it does not provide significant contribution to overcome negative impact of comparative disadvantage and net import products.</p><p>DOI: <a href="http://dx.doi.org/10.4038/kjm.v1i2.6453">http://dx.doi.org/10.4038/kjm.v1i2.6453</a></p> <p>Kelaniya Journal of Management Vol.1(2) 2012:51-85</p> |
| first_indexed | 2024-04-11T22:49:31Z |
| format | Article |
| id | doaj.art-0a0fa0e4aebe49b98d2b97cf099a7b70 |
| institution | Directory Open Access Journal |
| issn | 2279-1469 2448-9298 |
| language | English |
| last_indexed | 2024-04-11T22:49:31Z |
| publishDate | 2014-01-01 |
| publisher | Faculty of Commerce & Manangement Studies, University of Kelaniya |
| record_format | Article |
| series | Kelaniya Journal of Management |
| spelling | doaj.art-0a0fa0e4aebe49b98d2b97cf099a7b702022-12-22T03:58:37ZengFaculty of Commerce & Manangement Studies, University of KelaniyaKelaniya Journal of Management2279-14692448-92982014-01-0112518510.4038/kjm.v1i2.64535018Comparative Advantage in Interntional Trade: A Study Based on Leading Exports in Sri LankaKMV Sachithra0GAC Sajeevi1MPK Withanawasm2WMSA Jayathilake3Lecturer (Probationary), Department of Commerce, Faculty of Management Studies and Commerce, University of Sri JayewardenaLecturer (Probationary), Department of Commerce, Faculty of Management Studies and Commerce, University of Sri JayewardenaTemporary Tutor, Department of Business Economics, Faculty of Management Studies and Commerce, University of Sri JayewardenaResearcher<p>The export and import economic policy has both advantages and disadvantages. In Sri Lanka, however, export and import economy led to unsymmetrical export portfolio, which has continuously outcome for deficit trade balances. The main objective of this study is to identify international competiveness of Sri Lankan exports. Revealed Symmetric Comparative Advantage (RSCA) indices use to identify the trade pattern, the sectors in which an economy has a comparative advantage, by comparing the country of interests’ trade profile with the world average. Trade Balance Index (TBI) is employed to analyze whether a country has specialization in export (as net-exporter) or in import (as net-importer) for a specific group of products. This paper concludes that even though, Sri Lanka has comparative advantage for leading exports, it does not provide significant contribution to overcome negative impact of comparative disadvantage and net import products.</p><p>DOI: <a href="http://dx.doi.org/10.4038/kjm.v1i2.6453">http://dx.doi.org/10.4038/kjm.v1i2.6453</a></p> <p>Kelaniya Journal of Management Vol.1(2) 2012:51-85</p>https://kjm.sljol.info/articles/6453Comparative Advantage, Revealed Symmetric Comparative AdvantageBalance IndexTrade Product Mapping |
| spellingShingle | KMV Sachithra GAC Sajeevi MPK Withanawasm WMSA Jayathilake Comparative Advantage in Interntional Trade: A Study Based on Leading Exports in Sri Lanka Kelaniya Journal of Management Comparative Advantage, Revealed Symmetric Comparative Advantage Balance Index Trade Product Mapping |
| title | Comparative Advantage in Interntional Trade: A Study Based on Leading Exports in Sri Lanka |
| title_full | Comparative Advantage in Interntional Trade: A Study Based on Leading Exports in Sri Lanka |
| title_fullStr | Comparative Advantage in Interntional Trade: A Study Based on Leading Exports in Sri Lanka |
| title_full_unstemmed | Comparative Advantage in Interntional Trade: A Study Based on Leading Exports in Sri Lanka |
| title_short | Comparative Advantage in Interntional Trade: A Study Based on Leading Exports in Sri Lanka |
| title_sort | comparative advantage in interntional trade a study based on leading exports in sri lanka |
| topic | Comparative Advantage, Revealed Symmetric Comparative Advantage Balance Index Trade Product Mapping |
| url | https://kjm.sljol.info/articles/6453 |
| work_keys_str_mv | AT kmvsachithra comparativeadvantageininterntionaltradeastudybasedonleadingexportsinsrilanka AT gacsajeevi comparativeadvantageininterntionaltradeastudybasedonleadingexportsinsrilanka AT mpkwithanawasm comparativeadvantageininterntionaltradeastudybasedonleadingexportsinsrilanka AT wmsajayathilake comparativeadvantageininterntionaltradeastudybasedonleadingexportsinsrilanka |