Showing 1 - 10 of 1,036
, Hungary, Poland, Russia and Turkey from May 1998 to December 2007. To account for the importance of market expectations we use …
Persistent link: https://www.econbiz.de/10013155821
, based on a panel of four biggest Central European countries (the Czech Republic, Hungary, Poland and Slovakia) confirm …
Persistent link: https://www.econbiz.de/10013144575
Since the mid-2000s price-competitiveness indicators for some euro-area countries have been providing conflicting …)-deflated indicator points to a major competitiveness loss in Italy; we argue that the discrepancy mostly reflects a divergence of ULCM …-based indicators appear to be more appropriate than those based on ULCMs to assess external competitiveness. In Italy ULC …
Persistent link: https://www.econbiz.de/10013020668
We propose a model for analyzing euro area trade based on the interaction between macroeconomic and trade variables. First, we show that macroeconomic variables are necessary to generate accurate short-term trade forecasts; this result can be explained by the high correlation between trade and...
Persistent link: https://www.econbiz.de/10012963898
, conventional indicators of competitiveness based on gross exports become less informative and new measures are needed. In this … better inform the policy debates on competitiveness …
Persistent link: https://www.econbiz.de/10013072991
This paper provides a new cross-country evaluation of competitiveness, focusing on the linkages between productivity … and export performance among European economies. We use the information compiled in the Trade module of CompNet to …-exporters. However, this productivity premium is rising with the export experience of firms, with permanent exporters being much more …
Persistent link: https://www.econbiz.de/10013020681
novel ones developed within the CompNet Competitiveness Research Network. We find that export market share growth is linked … competitiveness does not seem to play a very important role in either set of countries: relative export prices do show correlation … underlying export growth are receiving great attention, as countries struggle to grow out of the crisis by increasing exports and …
Persistent link: https://www.econbiz.de/10012950748
competitiveness measures. We compile a broad dataset including value added trade, gross exports and conventional and value added based … real exchange rates. To sharply focus on external competitiveness, a new price competitiveness indicator is introduced, the … explanatory power of export equations. Value added exports' sensitivity towards real exchange rates is up to four times higher …
Persistent link: https://www.econbiz.de/10012985331
What determines a country's ability to compete in international markets? What fosters the global competitiveness of its … domestic firms' competitiveness in local and global markets? We address these questions by calibrating and simulating a …, we are able to construct an index of 'revealed competitiveness', which would drive the relative performance of countries …
Persistent link: https://www.econbiz.de/10013316662
Payment scale economies affect banking costs, competition in payment services, and pricing. Our scale measure relates operating cost to physical measures of European banking "output", finding large economies. This differs from relating total cost to the value of balance sheet assets (the...
Persistent link: https://www.econbiz.de/10013149843