Author (Person) | Darvas, Zsolt |
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Publisher | Bruegel |
Series Title | Bruegel Working Papers |
Series Details | No. 11, July 2012 |
Publication Date | 12/07/2012 |
Content Type | Journal | Series | Blog |
Abstract: As a background document for Bruegel Policy Contribution 2012/11 ‘Compositional effects on productivity, labour cost and export adjustment’, this working paper presents detailed results for 24 EU countries on: The sectoral changes in the economy; The unit labour costs (ULC) based real effective exchange rate (REER) and its main components; Export performance. The ULC-REERs are calculated: For the total economy, the business sector (excluding agriculture, construction and real estate activities), and some main sectors; Using both actual aggregates and fixed-weight aggregates, as the latter are free from the impacts of compositional changes; Against 30 trading partners and against three subsets of trading partners: euro-area, non-euro area EU, non-EU. |
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Source Link | http://aei.pitt.edu/35858/1/Productivity%2C_labour_cost_and_export_adjustment__Detailed_results_for_24_EU_countries_(English)_(English).pdf |
Subject Categories | Trade |
Countries / Regions | Europe |
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