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OECD's Indicators of International Trade and Competitiveness

Author

Listed:
  • Martine Durand

    (OECD)

  • Jacques Simon

    (OECD)

  • Colin Webb

    (OECD)

Abstract

This paper presents the methodology adopted by the Economics Department to calculate indices of effective exchange rates and indicators of competitiveness, based on unit labour costs and export unit values in the manufacturing sector. The calculation derives from a double-weighting system which first measures competition among all competitors of a given country on each of its markets, this competition being then weighted according to the relative importance of each of the markets of the country in question. These indicators are generally used to analyse trends in trade variables. In this paper, indicators of export market growth and export performance are also calculated and compared with the export competitiveness indicators ... Cet article expose la méthodologie générale adoptée par le Département des Affaires Économiques pour calculer des indicateurs de compétitivité, basés sur des coûts unitaires de main-d'oeuvre et des prix à l'exportation dans le secteur manufacturier, ainsi que des indices de taux de change effectif. Le calcul de ces indicateurs est fondé sur un système de double pondération mesurant d'abord la concurrence que se livrent tous les concurrents d'un pays donné sur chacun des marchés considérés, cette concurrence étant ensuite pondérée selon l'importance relative de chacun des marchés de ce pays. Ces indicateurs sont généralement utilisés pour analyser les évolutions du commerce extérieur. Dans cet article, des indicateurs de croissance de marchés et de performance à l'exportation sont également calculés et leur évolution est comparée à celle des indicateurs de compétitivité à l'exportation ...

Suggested Citation

  • Martine Durand & Jacques Simon & Colin Webb, 1992. "OECD's Indicators of International Trade and Competitiveness," OECD Economics Department Working Papers 120, OECD Publishing.
  • Handle: RePEc:oec:ecoaaa:120-en
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    File URL: http://dx.doi.org/10.1787/708306180711
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    Cited by:

    1. Niek Nahuis & Ben Geurts, 2004. "Helping thy neighbour: productivity, welfare and international trade," International Trade 0404008, University Library of Munich, Germany.
    2. Guerron-Quintana, Pablo A., 2013. "Common and idiosyncratic disturbances in developed small open economies," Journal of International Economics, Elsevier, vol. 90(1), pages 33-49.
    3. Valerie Cerra & Jarkko Soikkeli & Sweta C. Saxena, 2003. "How Competitive is Irish Manufacturing?," The Economic and Social Review, Economic and Social Studies, vol. 34(2), pages 173-193.
    4. Cepii & Cepremap, 2001. "MARMOTTE : a Multinational Model," Working Papers 2001-15, CEPII research center.
    5. Herman Z Bennett & Ziga Zarnic, 2009. "International Competitiveness of the Mediterranean Quartet: A Heterogeneous-Product Approach," IMF Staff Papers, Palgrave Macmillan, vol. 56(4), pages 919-957, November.
    6. Pelinescu, Elena & Caraiani, Petre, 2006. "Estimating the Real Effective Exchange Rate (REER) by Using the Unit Labor Cost (ULC) in Romania," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 3(4), pages 5-22, December.

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