01731cas a2200253 a 4500 AALejournalIMF003677 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451844733 1018-5941 BD-DhAAL BD-DhAAL Marsh, Ian. Competitiveness Indicators : A Theoretical and Empirical Assessment / Ian Marsh, Stephen Tokarick. Washington, D.C. : International Monetary Fund, 1994. 1 online resource (52 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet Tokarick, Stephen. IMF Working Papers; Working Paper ; No. 1994/029 Full text available on IMF http://elibrary.imf.org/view/journals/001/1994/029/001.1994.issue-029-en.xml IMF e-Library