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Assessing the adequacy of measures of Australia’s price competitiveness and structural change

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Author Info
Harding, Don

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Abstract

There are a plethora of measures of Australia’s international price competitiveness. This article provides a practitioners guide to those series. The currently available measures of international price competitiveness are found to be deficient. A theoretically sound measure is suggested and computer code is supplied to construct estimates.

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File URL: http://mpra.ub.uni-muenchen.de/3383/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 3383.

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Date of creation: Sep 2001
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Publication status: Published in Australian Economic Review 4.34(2001): pp. 458-466
Handle: RePEc:pra:mprapa:3383

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Keywords: Exchange rates price competitiveness structural change

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Find related papers by JEL classification:
E39 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Other
F31 - International Economics - - International Finance - - - Foreign Exchange
E40 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - General

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  1. Caves, Douglas W & Christensen, Laurits R & Diewert, W Erwin, 1982. "The Economic Theory of Index Numbers and the Measurement of Input, Output, and Productivity," Econometrica, Econometric Society, vol. 50(6), pages 1393-1414, November. [Downloadable!] (restricted)
  2. Denny, Michael & Fuss, Melvyn, 1983. "A general approach to intertemporal and interspatial productivity comparisons," Journal of Econometrics, Elsevier, vol. 23(3), pages 315-330, December. [Downloadable!] (restricted)
  3. Mathew Jones & Jenny Wilkinson, . "Real Exchange Rates and the Australian Export Competitiveness," RBA Research Discussion Papers rdp9005, Reserve Bank of Australia.
  4. Diewert, W. E., 1976. "Exact and superlative index numbers," Journal of Econometrics, Elsevier, vol. 4(2), pages 115-145, May. [Downloadable!] (restricted)
  5. Caves, Douglas W & Christensen, Laurits R & Diewert, W Erwin, 1982. "Multilateral Comparisons of Output, Input, and Productivity Using Superlative Index Numbers," Economic Journal, Royal Economic Society, vol. 92(365), pages 73-86, March. [Downloadable!] (restricted)
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