Iranian Journal of Economic Research

The Investigation of the Comparative Advantage of Exportable Commodities in Iranian Petrochemical Industry

Document Type : Research Paper

Authors

Abolghasem Mahdavi 1
Mehran Malekshahian 2

1 Assistant Professor, Faculty of Economics, University of Tehran

2 M.S. in Energy Economics, Faculty of Economics, University of Tehran

Abstract
To measure the comparative advantage, different indexes have been suggested by economists. In this paper we investigate the “revealed comparative advantage” for the products of the Iranian Petrochemical Industry using the Ballasa and Vollrath index.
   The results show that Iran gains comparative advantage in exporting the products of petrochemical industry. The share of these exports from the whole manufacturing exports of the country, based on the paper’s calculation results, is shown to be increasing.       

Keywords

International Trade
Comparative Advantage
Petrochemical Industry
Revealed Comparative Advantage
Iran

  • Receive Date 14 May 2016
  • First Publish Date 14 May 2016

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