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RBA Glossary definition for tradables

tradables – Tradable items are things whose prices are largely determined on the world market like oil, motor vehicles and clothing. As such, the prices of tradable items are heavily influenced by exchange rate movements. By comparison, non-tradables refers to things that are not readily exported or imported, like medical services, housing and haircuts. As such, their prices are largely determined domestically.

RBA Glossary definition for non-tradables

non-tradables – Non-tradables refers to things that are not readily exported or imported, like medical services, housing and haircuts. As such, their prices are largely determined domestically. By comparison, tradable items are things whose prices are largely determined on the world market like oil, motor vehicles and clothing. As such, the prices of tradable items are heavily influenced by exchange rate movements, whereas the prices of non-tradables largely reflect domestic factors.

Search Results

Terms of Trade Shocks: What are They and What Do They Do?

21 Dec 2011 RDP PDF 650KB
the negative response of consumerprice inflation appears to be mainly driven by the response of the tradablecomponent, which is slightly offset by the positive response from the non-tradables component. ... Non-tradables CPI (pnt): seasonally adjusted non
https://www.rba.gov.au/publications/rdp/2011/pdf/rdp2011-05.pdf

Unprecedented Changes in the Terms of Trade

25 Nov 2014 Research Workshop PDF 1323KB
https://www.rba.gov.au/publications/workshops/research/2014/pdf/rees-kulish.pdf

The Openness Equation

31 Dec 2004 RDP 2004-11
Simon Guttmann and Anthony Richards
While it is conceivable that the price of tradables across countries will approximately follow the law of one price, there is ample evidence that this does not hold for the price ... of non-tradables.
https://www.rba.gov.au/publications/rdp/2004/2004-11/openness-equation.html

The Forces Shaping the Economy Over 2012

16 Feb 2012 Speech
Philip Lowe
Address by Philip Lowe to the Committee for Economic Development of Australia, Sydney
https://www.rba.gov.au/speeches/2012/sp-dg-160212.html

Incorporating judgement with DSGE models

13 Dec 2007 Research Workshop PDF 198KB
Reserve Bank of Australia Workshop 2007: Monetary Policy in Open Economies
https://www.rba.gov.au/publications/workshops/research/2007/binning.pdf

The Economy in Late 2008: Conditions and Prospects

19 Nov 2008 Speech
Malcolm Edey
Speech by Malcolm Edey to the Australia & Japan Economic Outlook Conference 2008, Sydney
https://www.rba.gov.au/speeches/2008/sp-ag-191108.html

Trade Costs and Some Puzzles in International Macroeconomics

10 Oct 2007 RDP PDF 300KB
There is some evidence that non-tradables can explain the consumption correlation puzzle (Lewis 1996). ... This might be because non-tradables lead to a correlation between domestic consumption and output.
https://www.rba.gov.au/publications/rdp/2007/pdf/rdp2007-10.pdf

Further Robustness Checks

31 Dec 2007 RDP 2007-10
Luke Willard
Moreover, it may also be better able to capture the extent of non-tradables, which are likely to lead to deviations between prices faced by locals and foreigners.
https://www.rba.gov.au/publications/rdp/2007/2007-10/further-robustness-checks.html
See 2 more results from "RDP 2007-10"

Wrap-up Discussion

13 Dec 2011 Conferences PDF 623KB
RBA Conference Volume 2011
https://www.rba.gov.au/publications/confs/2011/pdf/wrap-up-disc-2011.pdf

Implications for the Australian Economy of Strong Growth in Asia

19 Sep 2012 Speech
Christopher Kent
Speech by Christopher Kent to the Structural Change and the Rise of Asia Conference, Canberra
https://www.rba.gov.au/speeches/2012/sp-ag-190912.html