Labor Costs And International Competitiveness In Manufacturing Industry
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Labor Costs And International Competitiveness In Manufacturing Industry
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Author : W. L. Chilton
language : en
Publisher:
Release Date : 1981
Labor Costs And International Competitiveness In Manufacturing Industry written by W. L. Chilton and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1981 with Competition, International categories.
Report making a comparison of labour cost trends and international competitiveness in manufacturing - discusses the changing pattern in international division of labour and implications for newly industrializing countries and looks at hourly wage rates and exchange rate movements from 1970 to 1980 as labour cost factors in selected developed countries (in greater detail for the UK, Germany, Federal Republic, Japan and the USA), and compares these to selected NICs. Graphs and references.
Indonesia Labor Market Policies And International Competitiveness
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Author : Nisha Agrawal
language : en
Publisher: World Bank Publications
Release Date : 1995
Indonesia Labor Market Policies And International Competitiveness written by Nisha Agrawal and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Competition, International categories.
Competitiveness And External Trade Performance Of The French Manufacturing Industry
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Author : Pierre-Richard Agénor
language : en
Publisher: International Monetary Fund
Release Date : 1995-12-01
Competitiveness And External Trade Performance Of The French Manufacturing Industry written by Pierre-Richard Agénor and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995-12-01 with Business & Economics categories.
This paper provides an assessment of competitiveness and external trade performance of the French manufacturing industry during the 1980s and early 1990s. The first part of the paper reviews developments in a broad range of competitiveness indicators. The analysis indicates that the manufacturing sector appears to have maintained its competitive position in recent years. The second part discusses developments in export market shares. The third part estimates a vector error correction model relating the trade ratio to relative unit labor costs, domestic and foreign demand, and nonprice competitiveness. Variance decompositions suggest that fluctuations in price and nonprice competitiveness account for about two-fifths of fluctuations in manufacturing trade flows.
Assessing Competitiveness Using Industry Unit Labor Costs
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2012-04-01
Assessing Competitiveness Using Industry Unit Labor Costs written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-04-01 with Business & Economics categories.
Conceptual ambiguities and statistical weaknesses hamper the assessment of external competitiveness. The term competitiveness, while applied extensively, is often imprecisely defined, which can result in analytical errors and mistaken policy advice. Furthermore, aggregate statistical measures of competitiveness in terms of exchange rate misalignment can be biased. To address these issues, this paper makes two contributions. First, it clarifies the external competitiveness concept, highlighting the dichotomy between productivity-driven long-run growth and short-run deviations from the underlying growth trajectory, which can be related to exchange rate misalignment. Second, it develops a disaggregated statistical approach for examining competitiveness based on unit labor costs at the three digit industry level in a group of comparable countries. The case of Slovakia is used to illustrate these concepts, but the analytical insights have general application.
Towards A System Of Multilateral Unit Labor Cost Based Competitiveness Indicators For Advanced Developing And Transition Countries
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Author : Mr.Anthony G. Turner
language : en
Publisher: International Monetary Fund
Release Date : 1997-11-01
Towards A System Of Multilateral Unit Labor Cost Based Competitiveness Indicators For Advanced Developing And Transition Countries written by Mr.Anthony G. Turner and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-11-01 with Business & Economics categories.
This paper attempts to extend the range of countries covered by the IMF’s multilateral real exchange rate indexes based on relative unit labor costs (REER-ULCs) in manufacturing. A data set was assembled that permits calculation of REER-ULCs for 23 newly industrialized, developing, and transition countries in addition to the 21 industrial countries covered by the current system. Although the results are mostly quite encouraging, they should be considered preliminary because of uncertainty about the reliability and comparability of the underlying data. Also, unit labor costs are not available on as timely a basis as consumer price indexes (CPIs), especially for nonindustrial countries. Thus, the ULC-based indicators should supplement rather than replace the current CPI-based system.
High Technology And International Competitiveness
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Author : Romesh Diwan
language : en
Publisher: Praeger
Release Date : 1991-11-30
High Technology And International Competitiveness written by Romesh Diwan and has been published by Praeger this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991-11-30 with Business & Economics categories.
Following World War II, the U.S. manufacturing sector emerged as the dominant industrial force in the world in virtually all areas, including productivity, market share, innovations, and capital investments. Though other countries have caught up with and surpassed the United States in many industries, Romesh Diwan and Chandana Chakraborty argue that America can recapture its dominant role by moving forcefully into high-technology industries. In this work, they examine competitiveness in a range of high-technology enterprises, analyzing the industries as an aggregate as well as through three specific examples: semi-conductors, telecommunications, and computers. The authors provide a complete understanding of the technical changes and developments that are taking place in U.S. high technology, and offer guidance to policy makers in promoting competitive strength. Their work defines and quantifies the high-tech industrial sector of the U.S, economy, and analyzes the productivity of this sector by utilizing a translog cost function, which provides information about the structure of the input-output relations in a particular industry. Using these functions, Diwan and Chakraborty answer quantitatively a number of questions relating to the growth of various inputs, productivities, and outputs, which lead to conclusions regarding the structure of production, costs, and capacity in U.S. industry. Their conclusions--that technical change is biased in the main in favor of capital and material, and that capital and skilled labor are complements--are consistent with new ideas and theories in the field. This work will be a valuable reference source for professional economists and policy experts, as well as for scholars and students in international trade, finance, and development.
Competitiveness Indicators
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Author : Mr.Stephen Tokarick
language : en
Publisher: International Monetary Fund
Release Date : 1994-03-01
Competitiveness Indicators written by Mr.Stephen Tokarick and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994-03-01 with Business & Economics categories.
This paper discusses five indicators of competitiveness: real exchange rates based on consumer price indices, export unit values of manufacturing goods, the relative price of traded to nontraded goods, normalized unit labor costs in manufacturing, and the ratio of normalized unit labor costs to value-added deflators in manufacturing. It discusses how each of these measures is associated with changes in a country’s balance of trade in goods and nonfactor services and examines the relationship among these indicators. It then examines the empirical performance of three of the indicators in terms of their ability to explain trade flows.
Labour Standards And International Competitiveness
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Author : André Raynauld
language : en
Publisher: Edward Elgar Publishing
Release Date : 1998
Labour Standards And International Competitiveness written by André Raynauld and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Business & Economics categories.
Studies the impact of labor standards on the competitiveness of firms through a comparison of developing and developed countries. Analyzes the positions of both types of economies within the context of cultural political debate, and investigates the reasons for and impact of firm competitiveness using empirical tests of some 165 countries. Concludes that labor standards do not have a significant impact on the competitiveness of firms in economies as a whole, and suggests adoption of global labor standards. Annotation copyrighted by Book News, Inc., Portland, OR
Job Creation Job Destruction And International Competition
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Author : Michael W. Klein
language : en
Publisher: W.E. Upjohn Institute
Release Date : 2003
Job Creation Job Destruction And International Competition written by Michael W. Klein and has been published by W.E. Upjohn Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Business & Economics categories.
Looks into the costs and benefits of labour-market reallocation of US manufacturing industries. Includes a review of the literature on implications of gross flows for the costs of labour adjustment to international factors. Concludes that gross job flows may influence gross worker flows, and therefore, human capital investment, wages and worker welfare.
Measuring International Price And Cost Competitiveness
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Author : Philip Turner
language : en
Publisher:
Release Date : 1993
Measuring International Price And Cost Competitiveness written by Philip Turner and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Commercial policy categories.