01686cas a2200241 a 4500 AALejournalIMF004548 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451853650 1018-5941 BD-DhAAL BD-DhAAL Feldman, Robert. Measures of External Competitiveness for Germany / Robert Feldman. Washington, D.C. : International Monetary Fund, 1994. 1 online resource (34 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 assesses Germany's external competitive position from several angles. It first examines movements in several real exchange rate indices. The analysis of competitiveness is then supplemented by using the so-called constant market share approach, and finally by examining briefly both pressures on profit margins in the tradable goods sector as well as export prospects. A key conclusion of the analysis is that the deterioration of Germany's external competitiveness suggested by some commonly used indicators of the real appreciation of the deutsche mark, such as those based on relative unit labor costs in manufacturing, is generally exaggerated. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1994/113 Full text available on IMF http://elibrary.imf.org/view/journals/001/1994/113/001.1994.issue-113-en.xml IMF e-Library