Download or read book Measuring Price Competitiveness for Industrial Country Trade in Manufactures written by International Monetary Fund and published by International Monetary Fund. This book was released on 1987-04-28 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper describes the methods used by the Research Department to construct the indicators of price competitiveness, or real effective exchange rates, published for 17 industrial countries in International Financial Statistics. The weighting scheme used to construct these indicators is derived from a disaggregated system of demand equations encompassing trade relations in bilateral and third-country markets. Other commonly used trade-weighting schemes are shown to be special cases of the more general and less restrictive competitiveness weights. Differences in the measurement of relative price changes using indices based on other weights are explained by the greater informational content of the competitiveness weights.
Download or read book Price Competitiveness in World Trade written by Irving B. Kravis and published by . This book was released on 1971 with total page 776 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic research study of the development of new econometrics research methods of measuring price competition in the international trade of developed countries - includes annual price indexes of price changes and levels calculated by these methods (incl. For the machinery industry, transport equipment and the metalworking industry) in the USA, the UK, the EC countries and Japan for 1953, 1957, and 1961-1964. References and statistical tables.
Download or read book A BLS Reader on Productivity written by and published by U.S. Government Printing Office. This book was released on 1996 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Exchange Rates and Economic Fundamentals written by Mr.Tamim Bayoumi and published by International Monetary Fund. This book was released on 1994-09-15 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper summarizes the methods and types of indicators that are often employed, both insid and outside the IMF, to assess whether exchange rates are broadly in line with economic fundamentals.
Download or read book Monthly Labor Review written by and published by . This book was released on 1995 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.
Download or read book Bulletin of the United States Bureau of Labor Statistics written by and published by . This book was released on 1996 with total page 564 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Towards a System of Multilateral Unit Labor Cost Based Competitiveness Indicators for Advanced Developing and Transition Countries written by Mr.Anthony G. Turner and published by International Monetary Fund. This book was released on 1997-11-01 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper attempts to extend the range of countries covered by the IMF’s multilateral real exchange rate indexes based on relative unit labor costs (REER-ULCs) in manufacturing. A data set was assembled that permits calculation of REER-ULCs for 23 newly industrialized, developing, and transition countries in addition to the 21 industrial countries covered by the current system. Although the results are mostly quite encouraging, they should be considered preliminary because of uncertainty about the reliability and comparability of the underlying data. Also, unit labor costs are not available on as timely a basis as consumer price indexes (CPIs), especially for nonindustrial countries. Thus, the ULC-based indicators should supplement rather than replace the current CPI-based system.
Download or read book Demand for Value Added and Value Added Exchange Rates written by Mr.Rudolfs Bems and published by International Monetary Fund. This book was released on 2015-09-08 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: We examine the role of cross-border input linkages in governing how international relative price changes influence demand for domestic value added. We define a novel value-added real effective exchange rate (REER), which aggregates bilateral value-added price changes, and link this REER to demand for value added. Input linkages enable countries to gain competitiveness following depreciations by supply chain partners, and hence counterbalance beggar-thy-neighbor effects. Cross-country differences in input linkages also imply that the elasticity of demand for value added is country specific. Using global input-output data, we demonstrate these conceptual insights are quantitatively important and compute historical value-added REERs.
Download or read book IMF Staff papers written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 1989-01-01 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although accommodative policies and widespread indexation may account for the persistence of high inflation, they cannot explain changes in the inflation rate. The causes of such changes for the high-inflation episodes immediately preceding the recent “heterodox” attempts at stabilization in Argentina, Brazil, and Israel are examined by computing historical decompositions of these episodes based on vector autoregressions, distinguishing between the “fiscal” and “balance of payments” views of their causes. In all three cases, nominal exchange rate shocks played the dominant role in triggering an acceleration of inflation. [JEL 134]
Download or read book Competitiveness and External Trade Performance of the French Manufacturing Industry written by Pierre-Richard Agénor and published by International Monetary Fund. This book was released on 1995-12-01 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides an assessment of competitiveness and external trade performance of the French manufacturing industry during the 1980s and early 1990s. The first part of the paper reviews developments in a broad range of competitiveness indicators. The analysis indicates that the manufacturing sector appears to have maintained its competitive position in recent years. The second part discusses developments in export market shares. The third part estimates a vector error correction model relating the trade ratio to relative unit labor costs, domestic and foreign demand, and nonprice competitiveness. Variance decompositions suggest that fluctuations in price and nonprice competitiveness account for about two-fifths of fluctuations in manufacturing trade flows.
Download or read book Rmb Towards Internationalization written by Siwei Cheng and published by World Scientific. This book was released on 2015-04-29 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: RMB: Towards Internationalization takes an in-depth look at the exchange rate regime of China's currency, the RMB, including the arrangements, related policies and management, and corresponding policy recommendations. This is the first book to apply the theories of fictitious economy, complexity science and the principles of international finance to analyze the RMB exchange rate regime. For readers interested in China's economy in general and RMB internationalization in particular, this book provides an entirely new analytical framework on the history and evolution of RMB exchange regime and on its future development.
Download or read book European Monetary Union written by Prof H M Scobie and published by Routledge. This book was released on 2004-01-14 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing a detailed overview of the financial implications of European Monetary Union, this collection contains contributions by leading academics, politicians and professional financial specialists from a number of European countries.
Download or read book International Economic Indicators and Competitive Trends written by United States. Domestic and International Business Administration. International Economic Policy and Research and published by . This book was released on 1974 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Global Competitiveness of U S Advanced technology Manufacturing Industries written by and published by . This book was released on 1991 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Global Competitiveness of U S Advanced technology Manufacturing Industries Pharmaceuticals written by and published by . This book was released on 1991 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Competitiveness of the Mediterranean Quartet written by Mr.Herman Z. Bennett and published by International Monetary Fund. This book was released on 2008-10-01 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: The real effective exchange rate (REER) is the most commonly used measure for assessing international competitiveness. We develop a methodology to estimate the REER that incorporates two distinctive elements that are not considered in the current literature and apply it to the Mediterranean Quartet (MQ) of Greece, Italy, Portugal, and Spain, whose common pattern of real appreciation has created concern in policy and academic circles. The two elements that we add to the existing literature are (i) product heterogeneity when identifying each country's international competitors and their weights and (ii) a comprehensive treatment of services exports. Our refined measure suggests a modest reduction in the observed REER gap between the MQ countries and the other euro area countries. In particular, considering product heterogeneity and services exports implies a lower real appreciation from 1998 to 2006 on the order of 2-3 percent for all MQ countries. These are difference-in-difference estimates relative to the results obtained for the rest of the euro area countries using the same methodology.
Download or read book Quarterly Review written by and published by . This book was released on 1996 with total page 554 pages. Available in PDF, EPUB and Kindle. Book excerpt:
