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Working Paper 09-09 - Alternative assessment of Belgian competitiveness

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Author Info
Chantal Kegels
Abstract

This paper investigates graphically and econometrically the relationship between the relative positions, in terms of value added and relative prices, of Belgian manufacturing and market services in the European Union over 1970-2005. Relative prices are then decomposed into relative unit costs of factors of production. The analysis goes further by replacing relative unit labour cost with relative hourly wages and relative productivity. Finally, relative produc-tivity is replaced with relative capital deepening, relative labour composition effect and relative total factor productivity. All data are coming from the EUKLEMS database, March 2008 release.

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Publisher Info
Paper provided by Federal Planning Bureau, Belgium in its series Working Papers with number 0909.

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Date of creation: 15 Sep 2009
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Handle: RePEc:fpb:wpaper:0909

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Find related papers by JEL classification:
D24 - Microeconomics - - Production and Organizations - - - Production; Capital and Total Factor Productivity; Capacity
F14 - International Economics - - Trade - - - Country and Industry Studies of Trade
F20 - International Economics - - International Factor Movements and International Business - - - General
P42 - Economic Systems - - Other Economic Systems - - - Productive Enterprises; Factor and Product Markets; Prices

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This page was last updated on 2009-12-8.

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