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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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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

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

Method and Data

31 Dec 2007 RDP 2007-10
Luke Willard
There is some evidence that non-tradables can explain the consumption correlation puzzle (Lewis 1996). ... non-tradables.
https://www.rba.gov.au/publications/rdp/2007/2007-10/method-data.html
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The Mining Industry: From Bust to Boom

21 Feb 2012 RDP PDF 1041KB
Coal. % %. Gas. Total primaryenergy Oil. 20011992198319741965Note: Emerging economies include all non-OECD economiesSource: BP Statistical Review of World Energy, June 2011.
https://www.rba.gov.au/publications/rdp/2011/pdf/rdp2011-08.pdf

Analytical Framework

1 Jun 1990 RDP 9003
Warren Tease
Also, the rise in export prices shifts demand towards non tradables putting upward pressure on domestic prices and the real exchange rate. ... real appreciation and resources will be shifted from the production of import-competing goods towards
https://www.rba.gov.au/publications/rdp/1990/9003/analytical-framework.html
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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

What Drives Inflation in the World?

10 May 2010 Conferences PDF 356KB
RBA Conference Volume 2009
https://www.rba.gov.au/publications/confs/2009/pdf/calderon-schmidt-hebbel.pdf

The Mining Industry: From Bust to Boom

13 Dec 2011 Conferences PDF 1588KB
RBA Conference Volume 2011
https://www.rba.gov.au/publications/confs/2011/pdf/connolly-orsmond.pdf

Wrap-up Discussion | Conference – 2011

16 Aug 2011 Conferences
A sharp rise in commodity prices increases the price of these goods relative to non-traded goods, so there is a rise in the real exchange rate. ... Substitution between domestic production and imports may see non-tradables output falling, but the income
https://www.rba.gov.au/publications/confs/2011/wrap-up-disc-2011.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