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What Determines International Competitiveness of the Economy? : Evidence from Bayesian Model Averaging.
・ISBN 978-3-631-85651-2 hard SFR 58.00
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お気に入り
★★★
| 著者・編者 | Dybka, Piotr, |
|---|---|
| シリーズ | Polish Studies in Economics |
| 出版社 | (P. Lang, SZ) |
| 出版年月 | 2022.04 |
| ページ数 | 198 pp. |
| 言語 | ENG |
| ニュース番号 | <681-190 681-253> |
解説
This study examines the determinants of current account, export market share and exchange rates. The author identifies key determinants using Bayesian Model Averaging, which allows evaluation of probability that each variable is in fact a determinant of the analysed competitiveness measure. The main implication of the results presented in the study is that increasing international competitiveness is a gradual process that requires institutional and technological changes rather than short-term adjustments in relative prices.