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What Determines International Competitiveness of the Economy?: Evidence from Bayesian Model Averaging

by Ryszard Kokoszczyński , Piotr Dybka
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Current price ₹4,581.00
Original price ₹5,193.00
Original price ₹5,193.00
Original price ₹5,193.00
(-12%)
₹4,581.00
Current price ₹4,581.00

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Book cover type: Hardcover
  • ISBN13: 9783631856512
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Peter Lang Gmbh, Internationaler Verlag Der W
  • Publisher Imprint: Peter Lang Gmbh, Internationaler Verlag Der W
  • Publication Date:
  • Pages: 126
  • Original Price: GBP 41.05
  • Language: English
  • Edition: New ed
  • Item Weight: 304 grams
  • BISAC Subject(s): Economics / Comparative

This study examines the determinants of current account, export market share and exchange rates. The author identifies key determinants using Bayesian Model Averaging, which allows evaluation of probability that each variable is in fact a determinant of the analysed competitiveness measure. The main implication of the results presented in the study is that increasing international competitiveness is a gradual process that requires institutional and technological changes rather than short-term adjustments in relative prices.

Piotr Dybka is an Assistant Professor at the SGH Warsaw School of Economics. His research interests are international economics, with a particular focus on sources of international competitiveness, and public economics, especially in the context of shadow economy estimation.

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