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...

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Dettagli Bibliografici
Autore principale: Bayoumi, Tamim
Altri autori: Appendino, Maximiliano, Barkema, Jelle, Cerdeiro, Diego
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2018.
Serie:IMF Working Papers; Working Paper ; No. 2018/229
Accesso online:Full text available on IMF