Search: tradables
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.
Search Results
Implications for the Australian Economy of Strong Growth in Asia
2 Feb 2015
RDP
PDF
628KB
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). ... 2011. Non-tradable. Other tradable. %%. 2007200319991995 Sources: ABS; Rayner and Bishop
https://www.rba.gov.au/publications/rdp/2013/pdf/rdp2013-03.pdf
Results
31 Dec 2011
RDP
2011-05
The consumer price index captures the prices of both tradable and non-tradable goods. ... Not surprisingly, domestic shocks explain a larger share of non-tradable inflation than tradable inflation.
https://www.rba.gov.au/publications/rdp/2011/2011-05/results.html
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Terms of Trade Shocks: What are They and What Do They Do?
21 Dec 2011
RDP
PDF
650KB
Notsurprisingly, domestic shocks explain a larger share of non-tradable inflation thantradable inflation. ... Figure 8: Responses of Tradable and Non-tradable Inflationto Terms of Trade Shocks.
https://www.rba.gov.au/publications/rdp/2011/pdf/rdp2011-05.pdf
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 Resource Boom and Structural Change
31 Dec 2013
RDP
2013-03
1. Non-tradable. 2. 4. Wage price index. (c). 3. 3. Resource/mining. ... 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).
https://www.rba.gov.au/publications/rdp/2013/2013-03/resource-boom-struct-change.html
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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
In particular, non-tradable prices tend to be substantially lower in developing countries than in developed countries (see, for example, Kravis, Heston and Summers 1982). ... To illustrate the implications for openness ratios, assume that all economies
https://www.rba.gov.au/publications/rdp/2004/2004-11/openness-equation.html
Conclusion
31 Dec 2011
RDP
2011-08
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 ... spill over into further changes in input and non-tradable prices.
https://www.rba.gov.au/publications/rdp/2011/2011-08/conclusion.html
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References
1 Jul 1993
RDP
9309
Officer (1979), ‘New Measures of Prices and Productivity for Tradable and Nontradable Goods’,. ... Kravis, I.B. and R.E. Lipsey (1988), ‘National Price Levels and the Prices of Tradables and Nontradables’,.
https://www.rba.gov.au/publications/rdp/1993/9309/references.html
Prudential Policy For Peggers
12 Dec 2013
Research Workshop
PDF
354KB
Reserve Bank of Australia Workshop 2013
https://www.rba.gov.au/publications/workshops/research/2013/pdf/uribe-schmitt-grohe.pdf