feedback loops and can significantly shape macroeconomic reality in the short-to-medium run. We apply an adapted export … trajectories reflected in divergent export competitiveness and lack of equilibrating mechanisms. Specifically, the model is tested … majority of the countries examined, this feedback mechanism - comprising price-sensitive exports and export demand affecting …

The working paper investigates the relationship between export performance and wage competitiveness in the … greatest deterioration in wage competitiveness have also had a tendency to do relatively poorly in the export market measured … in volumes. Data for Denmark show that our loss of export market shares in volumes has been particularly high in times …