Description

Book Synopsis

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.



Table of Contents

International competitiveness determinants – Bayesian Model Averaging – Current Account – Exchange rates forecasting – trade performance – export market share – institutional environment – technological competitiveness

What Determines International Competitiveness of

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    A Hardback by Ryszard Kokoszczyński, Piotr Dybka

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      Publisher: Peter Lang AG
      Publication Date: 25/04/2022
      ISBN13: 9783631856512, 978-3631856512
      ISBN10: 3631856512

      Description

      Book Synopsis

      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.



      Table of Contents

      International competitiveness determinants – Bayesian Model Averaging – Current Account – Exchange rates forecasting – trade performance – export market share – institutional environment – technological competitiveness

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