MARC Record from University of Toronto

LEADER: 01620cam 2200277Ia 4500
001 ocn127892200
005 20071114125959.0
008 070314s2006 dcua b i000 0 eng d
039 $fsom
043 $ae-ie---
100 1 $aNeary, J. Peter.
245 10 $aMeasuring competitiveness /$cprepared by J. Peter Neary.
260 $a[Washington, D.C.] :$bInternational Monetary Fund, Research Dept.,$c2006.
300 $a19 p. :$bill. ;$c28 cm.
440 0 $aIMF working paper ;$vWP/06/209
500 $aCaption title.
500 $a"September 2006."
504 $aIncludes bibliographical references (p. 17-19).
530 $aAlso available on the World Wide Web.
520 $aThis paper reviews alternative approaches to measuring an economy's cost competitiveness and proposes some new measures inspired by the economic theory of index numbers. The indices provide a theoretical benchmark for estimated real effective exchange rates, but differ from standard measures in that they are based on marginal rather than average sectoral shares in GDP or employment. The use of the new indices is illustrated by some simple calculations that highlight the potential exposure of the Irish economy to fluctuations in the euro-sterling exchange rate.
650 0 $aCompetition$xEconometric models.
650 0 $aIndex numbers (Economics)
651 0 $aIreland$xEconomic conditions.
710 2 $aInternational Monetary Fund.$bResearch Dept.
856 41 $3Full text ;$zIssues from 1997- :$uhttp://www.imf.org/external/pubs/cat/wp1%5Fsp.cfm
949 $aHB238 .N42 2006$wLC$c1$i31761069291052$lSTACKS$mROBARTS$rY$sY$tBOOK$u15/11/2007