Measuring Competitiveness

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 that they are based on marginal rather than average... READ MORE...

Publication date: September 2006
ISBN 9781451864694
$18.00

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