This paper examines the construction of the index and its use over the past seven years, identifies its limitations …

that these appreciations reflect underlying productivity gains in the tradable sector. Using panel data over the period … 1993-98, the results show clear evidence of productivity-driven exchange rate movements in the central and eastern European … expect to experience further productivity-driven real exchange rate appreciations. Evidence from a large cross-section of non …

The consumer price index (CPI) measures the rate at which the prices of consumer goods and services are changing over …

National Accounts1993 and recent developments in index number theory. Preparation of the Manual was undertaken by the …The producer price index (PPI) measures the rate at which the prices of producer goods and services are changing … overtime. It is a key statistic for economic and business decision making and inflation monitoring. The Producer Price Index …

significantly improves the fit of regressions of a multi-country consumer price index. However, there does not appear to be a …

This paper undertakes a cross-country analysis of productivity growth at both the aggregate and sectoral level. It … finds that Asia''s remarkable output growth over the past 40 years reflected both high investment, and rapid productivity … encouraged resource shifts from low- to high-productivity sectors. Looking ahead, sustaining rapid growth requires meeting a …