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Working Paper 09-09 - Alternative assessment of Belgian competitiveness

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  • Chantal Kegels
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    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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    File URL: http://www.plan.be/admin/uploaded/200909231243020.wp200909.pdf
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    Bibliographic 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
    Date of revision:
    Handle: RePEc:fpb:wpaper:0909

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    Related research

    Keywords: Relative position; Relative unit costs; Relative prices; TFP;

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    Cited by:
    1. Henri Bogaert & Chantal Kegels, 2012. "Planning Paper 112 - Compétitivité de la Belgique - Défis et pistes de croissance
      [Planning Paper 112 - Concurrentievermogen van België - Uitdagingen en groeipistes]
      ," Planning Papers 112, Federal Planning Bureau, Belgium.

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