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Paper Information

Journal:   IRANIAN JOURNAL OF TRADE STUDIES (IJTS)   SUMMER 2007 , Volume 11 , Number 43; Page(s) 35 To 61.
 
Paper: 

EVALUATING THE COMPETITIVENESS OF TABRIZ PETROCHEMICAL COMPLEX PRODUCTS IN JOINING THE WTO

 
 
Author(s):  NAJARZADEH R., ABD ELAHI HAGHI S., NASERI ALI REZA
 
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Abstract: 

The fast pace of growth in the volume of international trade and the phenomenon of globalization worldwide in recent years are rather amazing. In such circumstances it is necessary to evaluate and determine the advantages as well as the disadvantages of domestic industries so that the competitiveness of such industries can be maintained and improved. Among the different industries, the petrochemical plants can play a crucial role in expanding the non-oil exports and secure a safe source of foreign income for the country. This article studies the competitive ability of the Tabriz Petrochemical Complex as one of the leading petrochemical plants in Iran.
We distinguish between the "comparative advantage" and the "ability to compete" concepts. The "ability to compete" refers to the competing advantage based on market prices which includes price distortions resulting from protective policies of the government such as subsidies and fines. On the other hand "comparative advantage" refers to cost advantages at equilibrium prices in a situation where there are no price distortions. In this article the competing ability indexes of the Tabriz Petrochemical Complex were computed by using the Unit Cost Ratio approach. The computations show that, on the average, the products produced by the Tabriz Complex can compete in domestic as well foreign markets if the opportunity cost of capital is excluded from the computation process. However, the comparative advantage index shows that the products of this complex face a comparative disadvantage.

 
Keyword(s): COMPARATIVE ADVANTAGE, COMPETITIVENESS, DOMESTIC COMPETITIVENESS, EXPORT COMPETITIVENESS, TABRIZ PETROCHEMICAL COMPLEX
 
 
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APA: Copy

NAJARZADEH, R., & ABD ELAHI HAGHI, S., & NASERI, A. (2007). EVALUATING THE COMPETITIVENESS OF TABRIZ PETROCHEMICAL COMPLEX PRODUCTS IN JOINING THE WTO. IRANIAN JOURNAL OF TRADE STUDIES (IJTS), 11(43), 35-61. https://www.sid.ir/en/journal/ViewPaper.aspx?id=102325



Vancouver: Copy

NAJARZADEH R., ABD ELAHI HAGHI S., NASERI ALI REZA. EVALUATING THE COMPETITIVENESS OF TABRIZ PETROCHEMICAL COMPLEX PRODUCTS IN JOINING THE WTO. IRANIAN JOURNAL OF TRADE STUDIES (IJTS). 2007 [cited 2021May16];11(43):35-61. Available from: https://www.sid.ir/en/journal/ViewPaper.aspx?id=102325



IEEE: Copy

NAJARZADEH, R., ABD ELAHI HAGHI, S., NASERI, A., 2007. EVALUATING THE COMPETITIVENESS OF TABRIZ PETROCHEMICAL COMPLEX PRODUCTS IN JOINING THE WTO. IRANIAN JOURNAL OF TRADE STUDIES (IJTS), [online] 11(43), pp.35-61. Available: https://www.sid.ir/en/journal/ViewPaper.aspx?id=102325.



 
 
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