Measuring Competitiveness : Trade in Goods or Tasks? /
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 t...
| প্রধান লেখক: | |
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| অন্যান্য লেখক: | , |
| বিন্যাস: | পত্রিকা |
| ভাষা: | English |
| প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
2013.
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| মালা: | IMF Working Papers; Working Paper ;
No. 2013/100 |
| অনলাইন ব্যবহার করুন: | Full text available on IMF |
| সংক্ষিপ্ত: | 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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| উপাদানের বিবরণ: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| দৈহিক বর্ননা: | 1 online resource (22 pages) |
| বিন্যাস: | Mode of access: Internet |
| আইএসএসএন: | 1018-5941 |
| প্রবেশাধিকার: | Electronic access restricted to authorized BRAC University faculty, staff and students |