Measuring Price Competitiveness for Industrial Country Trade in Manufactures.

This paper describes the methods used by the Research Department to construct the indicators of price competitiveness, or real effective exchange rates, published for 17 industrial countries in International Financial Statistics. The weighting scheme used to construct these indicators is derived fro...

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Xehetasun bibliografikoak
Erakunde egilea: International Monetary Fund
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 1987.
Saila:IMF Working Papers; Working Paper ; No. 1987/034
Sarrera elektronikoa:Full text available on IMF
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110 2 |a International Monetary Fund. 
245 1 0 |a Measuring Price Competitiveness for Industrial Country Trade in Manufactures. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1987. 
300 |a 1 online resource (94 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 describes the methods used by the Research Department to construct the indicators of price competitiveness, or real effective exchange rates, published for 17 industrial countries in International Financial Statistics. The weighting scheme used to construct these indicators is derived from a disaggregated system of demand equations encompassing trade relations in bilateral and third-country markets. Other commonly used trade-weighting schemes are shown to be special cases of the more general and less restrictive competitiveness weights. Differences in the measurement of relative price changes using indices based on other weights are explained by the greater informational content of the competitiveness weights. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1987/034 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1987/034/001.1987.issue-034-en.xml  |z IMF e-Library