Measuring Competitiveness

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  • Measuring Competitiveness Book Detail

  • Author : Mr.Tamim Bayoumi
  • Release Date : 2013-05-08
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 22
  • ISBN 13 : 1484381467
  • File Size : 24,24 MB

Measuring Competitiveness by Mr.Tamim Bayoumi PDF Summary

Book Description: With global supply chains, any value added or production task can be traded as part of goods. This means that competitiveness can be measured either in terms of “tasks” (Bems and Johnson, 2012), or goods, but with goods prices reflecting the cost of tasks embedded in those goods. We show that when measuring competitiveness in goods, the formula used in computing the real effective exchange rates at the IMF (Bayoumi, Lee, and Jayanthi, 2005) needs to be expressed in terms of the price of value added and needs an additional term, which captures a gain or loss in competitiveness of goods due to outsourcing.

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Measuring Competitiveness

Measuring Competitiveness

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With global supply chains, any value added or production task can be traded as part of goods. This means that competitiveness can be measured either in terms of

Measuring Competitiveness

Measuring Competitiveness

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This paper reviews alternative approaches to measuring an economy's cost competitiveness and proposes some new measures inspired by the economic theory of index

Measuring Competitiveness

Measuring Competitiveness

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The study serves as a background document for the European Commission and is conducted in close cooperation with the ZEW Mannheim. The main tasks are to define