Benkovskis, Konstantins; Wörz, Julia - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2012
This analysis of global competitiveness of emerging market economies accounts for non-price aspects of competitiveness. Building on the methodology pioneered by Feenstra (1994) and Broda and Weinstein (2006), we construct an export price index that adjusts for changes in the set of competitors...