| ct_rca | R Documentation |
Compute the Revealed Comparative Advantage for a country's exports. RCA > 1 indicates the country has a comparative advantage in that product.
ct_rca(reporter, year = NULL, level = 2L, cache = TRUE)
reporter |
Character. Reporter country ISO3 code. |
year |
Integer. Year to query. |
level |
Integer. HS digit level: 2, 4, or 6. Default 2. |
cache |
Logical. Default |
The Balassa index is defined as: RCA = (country exports of product i / country total exports) / (world exports of product i / world total exports)
A data.frame with columns: commodity_code, commodity_desc, reporter_value, world_value, reporter_share, world_share, rca, has_advantage.
op <- options(comtrade.cache_dir = tempdir())
rca <- ct_rca("AUS", year = 2023)
# Products where Australia has comparative advantage
rca[rca$has_advantage, ]
options(op)
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