Measuring Competitiveness is popular PDF and ePub book, written by Mr.Tamim Bayoumi in 2013-05-08, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Measuring Competitiveness can be Read Online from any device for your convenience.
Measuring Competitiveness Book PDF Summary
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 that when measuring competitiveness in goods, the formula used in computing the real effective exchange rates at the IMF (Bayoumi, Lee, and Jayanthi, 2005) needs to be expressed in terms of the price of value added and needs an additional term, which captures a gain or loss in competitiveness of goods due to outsourcing.
Detail Book of Measuring Competitiveness PDF
- Author : Mr.Tamim Bayoumi
- Release : 08 May 2013
- Publisher : International Monetary Fund
- ISBN : 9781484381465
- Genre : Business & Economics
- Total Page : 22 pages
- Language : English
- PDF File Size : 17,8 Mb
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