Search: non-tradables
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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
The Resource Boom and Structural Change
31 Dec 2013
RDP
2013-03
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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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 ... 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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Appendix A: Data Description and Sources
31 Dec 2011
RDP
2011-05
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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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
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
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
What Drives Inflation in the World? | Conference – 2009
17 Aug 2009
Conferences
Second, inflation inertia arises under conditions of indexation. This is observed when wages and prices of goods and services (most frequently, but not exclusively, prices of non-tradables like public utilities, ... based on imperfect competition and
https://www.rba.gov.au/publications/confs/2009/calderon-schmidt-hebbel.html
Method and Data
31 Dec 2007
RDP
2007-10
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 Openness Equation
31 Dec 2004
RDP
2004-11
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
Inflation Measurement for Central Bankers | Conference – 2004
9 Aug 2004
Conferences
However, for quarterly non-seasonally adjusted data the case for chronological chaining is less clear cut. ... That is, poorer, more labour-intensive countries (for example, Greece, Portugal and Spain) generally have lower price levels since non-tradables
https://www.rba.gov.au/publications/confs/2004/hill.html