The Behavior of Nontradable Goods Prices in Europe : Evidence and Interpretation /

This paper examines the evolution of the relative price between tradable and nontradable goods in a group of European countries. A model of an open economy is used to analyze different factors that can account for an increase in the relative price of nontradable goods. These factors are: (a) faster...

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Bibliografische gegevens
Hoofdauteur: De Gregorio, Jose
Andere auteurs: Giovannini, Alberto, Krueger, Thomas
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 1993.
Reeks:IMF Working Papers; Working Paper ; No. 1993/045
Online toegang:Full text available on IMF
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100 1 |a De Gregorio, Jose. 
245 1 4 |a The Behavior of Nontradable Goods Prices in Europe :   |b Evidence and Interpretation /  |c Jose De Gregorio, Thomas Krueger, Alberto Giovannini. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1993. 
300 |a 1 online resource (62 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper examines the evolution of the relative price between tradable and nontradable goods in a group of European countries. A model of an open economy is used to analyze different factors that can account for an increase in the relative price of nontradable goods. These factors are: (a) faster technological progress in the tradable goods sector; (b) demand shifts toward nontradable goods; and (c) real wage pressures. The relevance of these factors is analyzed empirically for France, Germany, Italy, Spain and the United Kingdom. 
538 |a Mode of access: Internet 
700 1 |a Giovannini, Alberto. 
700 1 |a Krueger, Thomas. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1993/045 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1993/045/001.1993.issue-045-en.xml  |z IMF e-Library