Measuring Competitiveness in a World of Global Value Chains /

All common real effective exchange rate indexes assume trade is only in final goods, despite the growing presence of global supply chains. Extending effective exchange rate indexes to include such intermediate goods can imply radically different effective exchange rate weights, depending on the rela...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Bayoumi, Tamim
Weitere Verfasser: Appendino, Maximiliano, Barkema, Jelle, Cerdeiro, Diego
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2018.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2018/229
Online Zugang:Full text available on IMF