On the evolution of competitiveness in Central and Eastern Europe: Is it broken?

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Metadatos

Título
On the evolution of competitiveness in Central and Eastern Europe: Is it broken?
Autoría
 Coleman, Simeon;
 Cuestas, Juan Carlos
Fecha de publicación
2023
Editor
Wiley
URI
http://hdl.handle.net/10234/202597
DOI
https://doi.org/10.1002/ijfe.2810
ISSN
1076-9307; 1099-1158
Cita bibliográfica
COLEMAN, Simeon; CUESTAS, Juan Carlos. On the evolution of competitiveness in Central and Eastern Europe: Is it broken?. International Journal of Finance & Economics, 2023
Tipo de documento
info:eu-repo/semantics/article
Versión de la editorial
https://onlinelibrary.wiley.com/doi/full/10.1002/ijfe.2810
Versión
info:eu-repo/semantics/publishedVersion
Palabras clave / Materias
Resumen
In this article, we analyse the evolution of the real effective exchange rate (REER) as a measure of competitiveness for a group of Central and Eastern European countries. To do this, we employ unit-root tests with ... [+]
In this article, we analyse the evolution of the real effective exchange rate (REER) as a measure of competitiveness for a group of Central and Eastern European countries. To do this, we employ unit-root tests with breaks and estimate the equations with structural breaks. Our results show that even though the REERs have become flatter, which means less competitiveness is lost against main trading partners, they have also become less mean-reverting, suggesting that shocks now tend to have longer effects. [-]
Publicado en
International Journal of Finance & Economics, 2023
Entidad financiadora
Generalitat Valenciana | Universitat Jaume I
Código del proyecto o subvención
AICO/2021/005 | UJI-B2022-03
Derechos de acceso
info:eu-repo/semantics/openAccess
Aparece en las colecciones
This is an open access article under the terms of theCreative Commons Attribution-NonCommercial-NoDerivsLicense, which permits use and distribution in anymedium, provided the original work is properly cited, the use is non-commercial and no modifications or adaptations are made. © 2023 The Authors.International Journal of Finance & Economicspublished by John Wiley & Sons Ltd.
Excepto si se señala otra cosa, la licencia del ítem se describe como: This is an open access article under the terms of theCreative Commons Attribution-NonCommercial-NoDerivsLicense, which permits use and distribution in anymedium, provided the original work is properly cited, the use is non-commercial and no modifications or adaptations are made. © 2023 The Authors.International Journal of Finance & Economicspublished by John Wiley & Sons Ltd.