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

Author

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  • Harding, Don

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.

Suggested Citation

  • Harding, Don, 2001. "Assessing the adequacy of measures of Australia’s price competitiveness and structural change," MPRA Paper 3383, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:3383
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    File URL: https://mpra.ub.uni-muenchen.de/3383/1/MPRA_paper_3383.pdf
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    References listed on IDEAS

    as
    1. 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.
    2. Matthew T. Jones & Jenny Wilkinson, 1990. "Real Exchange Rates and Australian Export Competitiveness," RBA Research Discussion Papers rdp9005, Reserve Bank of Australia.
    3. 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.
    4. 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.
    5. Diewert, W. E., 1976. "Exact and superlative index numbers," Journal of Econometrics, Elsevier, vol. 4(2), pages 115-145, May.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Exchange rates; price competitiveness; structural change;

    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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