TY  - BOOK
AU  - Piotr Dybka
PY  - 2022
CY  - Berlin, Germany
PB  - Peter Lang Verlag
SN  - 9783631858158
TI  - What Determines International Competitiveness of the Economy?
T2  - Evidence from Bayesian Model Averaging
DO  - 10.3726/b19435
UR  - https://www.peterlang.com/document/1216437
N2  - 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.
KW  - International competitiveness, Current Account, Exchange rates, Trade, Institutional environment, Technological competitiveness
LA  - English
ER  -