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Measuring the Balassa-Samuelson Effect: A guidance Note on the RPROD Database

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  • Cécile Couharde
  • Anne-Laure Delatte
  • Carl Grekou
  • Valérie Mignon
  • Florian Morvillier

Abstract

This guidance note outlines the construction and contents of RPROD. This new database developed by CEPII complements the EQCHANGE database, by providing additional measures of the Balassa-Samuelson effect. RPROD delivers the following indicators computed for each country included in the database, and relative to its main trading partners: (i) GDP per capita, (ii) labor productivity, (iii) consumer-price-to-producer-price ratio, (iv) three-sectors' value-added deflator, and (v) six-sectors' value-added deflator. These different measures are publicly available (http://www.cepii.fr/CEPII/fr/bdd_modele/presentation.asp?id=34), with the aim to contribute to the investigation of the Balassa-Samuelson hypothesis, and to the comparison of estimated equilibrium real exchange rates and currency misalignments across alternative proxies of this effect.

Suggested Citation

  • Cécile Couharde & Anne-Laure Delatte & Carl Grekou & Valérie Mignon & Florian Morvillier, 2019. "Measuring the Balassa-Samuelson Effect: A guidance Note on the RPROD Database," Working Papers 2019-11, CEPII research center.
  • Handle: RePEc:cii:cepidt:2019-11
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    Cited by:

    1. Jorge Carrera & Blaise Gnimassoun & Valérie Mignon & Romain Restout, 2020. "Currency Misalignments and Exchange Rate Regimes in Latin American countries: A Trade-Off issue," Working Papers 2020-05, CEPII research center.
    2. Carl Grekou, 2019. "EQCHANGE Annual Assessment 2019," Working Papers 2019-19, CEPII research center.
    3. Florian Morvillier, 2020. "Infrastructures and the real exchange rate," EconomiX Working Papers 2020-26, University of Paris Nanterre, EconomiX.
    4. Couharde, Cécile & Grekou, Carl & Mignon, Valérie, 2021. "MULTIPRIL, a new database on multilateral price levels and currency misalignments," International Economics, Elsevier, vol. 165(C), pages 94-117.
    5. Urzúa, Carlos M., 2020. "The Balassa-Samuelson and the capital-intensity hypotheses in a nutshell," Research in Economics, Elsevier, vol. 74(4), pages 336-343.

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    More about this item

    Keywords

    Balassa-Samuelson; Relative Productivity; Tradables; Non-tradables;
    All these keywords.

    JEL classification:

    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

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