Measuring Competitiveness : Trade in Goods or Tasks? »
Journal Issue
Volume/Issue: 2013/100
Series: IMF Working Papers
Author(s): Tamim Bayoumi , Mika Saito , and Jarkko Turunen
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 08 May 2013
DOI: http://dx.doi.org/10.5089/9781484325803.001
ISBN: 9781484325803
Keywords: Real Effective Exchange Rate, Global Supply Chains, reer, global supply, intermediate inputs, domestic production, gross exports, General
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...