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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Автор: Bayoumi, Tamim
Інші автори: Appendino, Maximiliano, Barkema, Jelle, Cerdeiro, Diego
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2018.
Серія:IMF Working Papers; Working Paper ; No. 2018/229
Онлайн доступ:Full text available on IMF