Vollmer, Sebastian; Martínez-Zarzoso, Inmaculada; … - Ibero-Amerika Institut für Wirtschaftsforschung (IAI), … - 2007
In this paper we assess the current relevance of Ricardian theory. Relative prices, labor costs, and productivity are evaluated as determinants of a country’s international competitiveness at the industry level. Working with detailed data on unit values and with industry data on productivity,...