01779cas a2200241 a 4500 AALejournalIMF010118 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451978704 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Measuring Price Competitiveness for Industrial Country Trade in Manufactures. Washington, D.C. : International Monetary Fund, 1987. 1 online resource (94 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 describes the methods used by the Research Department to construct the indicators of price competitiveness, or real effective exchange rates, published for 17 industrial countries in International Financial Statistics. The weighting scheme used to construct these indicators is derived from a disaggregated system of demand equations encompassing trade relations in bilateral and third-country markets. Other commonly used trade-weighting schemes are shown to be special cases of the more general and less restrictive competitiveness weights. Differences in the measurement of relative price changes using indices based on other weights are explained by the greater informational content of the competitiveness weights. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1987/034 Full text available on IMF http://elibrary.imf.org/view/journals/001/1987/034/001.1987.issue-034-en.xml IMF e-Library