Arbeitspapier
Measuring competitiveness
This paper reviews alternative approaches to measuring an economy´s cost competitiveness and proposes some new measures derived from the economic theory of index numbers. The indices provide a theoretical benchmark for estimated real effective exchange rates, but di¤er 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 which highlight the potential exposure of the Irish economy to fluctuations in the euro-sterling exchange rate.
- Sprache
-
Englisch
- Erschienen in
-
Series: UCD Centre for Economic Research Working Paper Series ; No. WP05/21
- Klassifikation
-
Wirtschaft
Macroeconomic Aspects of International Trade and Finance: General
Index Numbers and Aggregation; Leading indicators
- Thema
-
competitiveness
economic theory of index numbers
European Monetary Union (EMU)
real effective exchange rates (REERs)
Internationaler Wettbewerb
Messung
Lebenshaltungskosten
Kaufkraftparität
Theorie
Indexberechnung
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Neary, J. Peter
- Ereignis
-
Veröffentlichung
- (wer)
-
University College Dublin, UCD School of Economics
- (wo)
-
Dublin
- (wann)
-
2005
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Neary, J. Peter
- University College Dublin, UCD School of Economics
Entstanden
- 2005
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