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...

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Bibliographic Details
Main Author: Bayoumi, Tamim
Other Authors: Saito, Mika, Turunen, Jarkko
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2013.
Series:IMF Working Papers; Working Paper ; No. 2013/100
Online Access:Full text available on IMF