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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.

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New Zealand Wage Inflation Post-crisis

22 Jul 2019 Conferences PDF 776KB
RBA Annual Conference 2019
https://www.rba.gov.au/publications/confs/2019/pdf/rba-conference-2019-richardson.pdf

Discussion of Productivity: The Lost Decade

13 Dec 2011 Conferences PDF 295KB
RBA Conference Volume 2011
https://www.rba.gov.au/publications/confs/2011/pdf/eslake-disc.pdf

Discussion on Productivity: The Lost Decade | Conference – 2011

16 Aug 2011 Conferences
The pick-up in CPI inflation since the mid 2000s has mostly reflected higher non-tradables inflation, which has averaged 3 per cent since 2005, compared with 3 per cent over ... 1993–2004 (note that non-tradables inflation began to rise in the early
https://www.rba.gov.au/publications/confs/2011/eslake-disc.html

The Mining Industry: From Bust to Boom | Conference – 2011

16 Aug 2011 Conferences
Ellis Connolly and David Orsmond
As a consequence of this effect, output of other tradables and of non-tradables falls. ... To the extent these income gains are spent rather than saved, demand for other tradables and non-tradables increases.
https://www.rba.gov.au/publications/confs/2011/connolly-orsmond.html

Conclusion

31 Dec 2011 RDP 2011-08
Ellis Connolly and David Orsmond
Although the associated rise in spending has been a benefit to the Australian economy, it has also led to pressure on the price of non-tradables, and a large increase in ... the factors of production for the non-mining sector and its income effects.
https://www.rba.gov.au/publications/rdp/2011/2011-08/conclusion.html
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The Resource Boom and Structural Change

31 Dec 2013 RDP 2013-03
Michael Plumb, Christopher Kent and James Bishop
fall in the price of tradable goods and services relative to the price of non-tradables (which tend to diminish demand for non-tradables relative to tradables). ... Other factors less directly related to the resource investment boom also contributed to
https://www.rba.gov.au/publications/rdp/2013/2013-03/resource-boom-struct-change.html
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Implications for the Australian Economy of Strong Growth in Asia

2 Feb 2015 RDP PDF 628KB
This will depend in part on the degree of substitutability of labour across the different sectors, as well as the substitutability between tradables and non-tradables in consumption. ... fall in the price of tradable goods and services relative to the
https://www.rba.gov.au/publications/rdp/2013/pdf/rdp2013-03.pdf

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

Appendix A: Data Description and Sources

31 Dec 2011 RDP 2011-05
Jarkko Jääskelä and Penelope Smith
Non-tradables CPI (p. nt. ): seasonally adjusted non-tradables component of the consumer price index, excluding interest charges and adjusted for the tax changes of 1999–2000 (RBA). ... Tradables CPI (p. t. ): seasonally adjusted tradables component of
https://www.rba.gov.au/publications/rdp/2011/2011-05/appendix-a.html
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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