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Measuring competitiveness /
This paper reviews alternative approaches to measuring an economy's cost competitiveness and proposes some new measures inspired by the economic theory of index numbers. The indices provide a theoretical benchmark for estimated real effective exchange rates, but differ from standard measures in...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Autor Corporativo: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Washington, D.C.] :
International Monetary Fund, Research Dept.,
2006.
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| Colección: | IMF working paper ;
WP/06/209. |
| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | This paper reviews alternative approaches to measuring an economy's cost competitiveness and proposes some new measures inspired by the economic theory of index numbers. The indices provide a theoretical benchmark for estimated real effective exchange rates, but differ from standard measures in that they are based on marginal rather than average sectoral shares in GDP or employment. The use of the new indices is illustrated by some simple calculations that highlight the potential exposure of the Irish economy to fluctuations in the euro-sterling exchange rate. |
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| Descripción Física: | 1 online resource (19 pages) : illustrations |
| Bibliografía: | Includes bibliographical references. |
| ISBN: | 1282392026 9781282392021 9781451909227 1451909225 1462357873 9781462357871 1452738033 9781452738031 9786613820457 6613820458 |
| ISSN: | 2227-8885 ; |