Showing 1 - 10 of 4,032
This paper studies monetary and exchange rate policy in a world of global value chains. Using recent microdata from Japan and Russia, devaluations are shown to negatively affect exporters in terms of employment, domestic revenue and profitability relative to nonexporting firms. Given their...
Persistent link: https://www.econbiz.de/10012900331
We assess the competitiveness of Mauritius in recent years using two approaches. First, we estimate the difference … analysis of structural competitiveness indicators and find that Mauritius often fares better on business climate than other …
Persistent link: https://www.econbiz.de/10012707008
and price competitiveness as each of the standard measures typically employed has its own merits and drawbacks. This calls … and price competitiveness measures of the euro area. Although they diverge sometimes, we find little evidence that there … timeliness, are good approximations of euro area price and cost competitiveness. …
Persistent link: https://www.econbiz.de/10011604879
This paper presents an empirical analysis of the medium and long-term determinants of the real (effective) exchange rate (RER) of the Bulgarian lev using elements from the natural real exchange rate (NATREX) and the behavioral equilibrium exchange rate (BEER) approaches. The results indicate...
Persistent link: https://www.econbiz.de/10012778609
This paper reviews the evolution of certain price and nonprice competitiveness indicators in Chile and concludes that … the pecuniary loss of competitiveness associated with the appreciation of the peso since the late 1980s has been broadly …
Persistent link: https://www.econbiz.de/10012782278
and price competitiveness as each of the standard measures typically employed has its own merits and drawbacks. This calls … and price competitiveness measures of the euro area. Although they diverge sometimes, we find little evidence that there … timeliness, are good approximations of euro area price and cost competitiveness …
Persistent link: https://www.econbiz.de/10014222682
Prima facie, competitiveness adjustments in the eurozone, based on unit labor cost developments, appear sensible and in … causal BSP relationship. We apply this framework to computing more appropriate measures of real competitiveness changes in … improvement, in competitiveness in the periphery countries between 2007 and 2013. Second, the pattern of adjustment within the …
Persistent link: https://www.econbiz.de/10013044518
stagnant export shares. The limited export competitiveness has hampered external demand, growth and employment. Applying, for … fast growing emerging markets could also raise countries' external competitiveness. …
Persistent link: https://www.econbiz.de/10010227730
rouble serves in the present study as an indicator of price competitiveness, which determines relative position of domestic … low price competitiveness of agro-producers, which was mostly confirmed by calculated values of Balassa Revealed … Comparative Advantage (RCA) index, Vollrath Revealed Competitiveness index (VRC) and Lafay Trade Specialization index (LFI). The …
Persistent link: https://www.econbiz.de/10011499740
competitiveness in countries in Latin America and the Caribbean between May 2014 and February 2016, a period characterized by … competitiveness. Furthermore, we find that there are very significant differences across products and destinations with regards to … changes in export competitiveness. …
Persistent link: https://www.econbiz.de/10011882792