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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Altri autori: | , , |
Natura: | Periodico |
Lingua: | English |
Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2018.
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Serie: | IMF Working Papers; Working Paper ;
No. 2018/229 |
Accesso online: | Full text available on IMF |