What Determines International Competitiveness of the Economy?

Evidence from Bayesian Model Averaging
ISBN:
978-3-631-85651-2
Verlag:
Peter Lang GmbH, Internationaler Verlag der Wissenschaften
Land des Verlags:
Deutschland
Erscheinungsdatum:
25.04.2022
Autoren:
Reihe:
Polish Studies in Economics
Format:
Hardcover
Seitenanzahl:
126
Ladenpreis
55,50EUR (inkl. MwSt. zzgl. Versand)
Lieferung in 3-4 Werktagen Versandkostenfreie Lieferung innerhalb Österreichs bis 31. Jänner 2025
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.
Biografische Anmerkung
Piotr Dybka is an Assistant Professor at the SGH Warsaw School of Economics. His research interests are international economics, with a particular focus on sources of international competitiveness, and public economics, especially in the context of shadow economy estimation.