Measuring competitiveness /

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Bibliographic Details
Author / Creator:	Neary, J. Peter.
Imprint:	[Washington, D.C.] : International Monetary Fund, Research Dept., 2006.
Description:	1 ressource en ligne
Language:	English
Series:	IMF working paper ; WP/06/209 IMF working paper ; WP/06/209.
Subject:	Competition -- Econometric models. Index numbers (Economics) Competition -- Econometric models. Economic history. Index numbers (Economics) Ireland -- Economic conditions. Ireland. e-books.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/14153220

Hidden Bibliographic Details
Other authors / contributors:	Fonds monétaire international. Research Department.
Notes:	Titre de l'écran-titre (visionné le 5 avril 2007). "September 2006." Comprend des références bibliographiques
Summary:	This paper reviews alternative approaches to measuring an economy's cost competitiveness and proposes some new measures inspired by the economic theory of index numbers. The indices provide a theoretical benchmark for estimated real effective exchange rates, but differ from standard measures in that they are based on marginal rather than average sectoral shares in GDP or employment. The use of the new indices is illustrated by some simple calculations that highlight the potential exposure of the Irish economy to fluctuations in the euro-sterling exchange rate.

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