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

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Metadades

Títol
On the evolution of competitiveness in Central and Eastern Europe: Is it broken?
Autoria
 Coleman, Simeon;
 Cuestas, Juan Carlos
Data de publicació
2023
Editor
Wiley
URI
http://hdl.handle.net/10234/202597
DOI
https://doi.org/10.1002/ijfe.2810
ISSN
1076-9307; 1099-1158
Cita bibliogràfica
COLEMAN, Simeon; CUESTAS, Juan Carlos. On the evolution of competitiveness in Central and Eastern Europe: Is it broken?. International Journal of Finance & Economics, 2023
Tipus de document
info:eu-repo/semantics/article
Versió de l'editorial
https://onlinelibrary.wiley.com/doi/full/10.1002/ijfe.2810
Versió
info:eu-repo/semantics/publishedVersion
Paraules clau / Matèries
Resum
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. [-]
Publicat a
International Journal of Finance & Economics, 2023
Entitat finançadora
Generalitat Valenciana | Universitat Jaume I
Codi del projecte o subvenció
AICO/2021/005 | UJI-B2022-03
Drets d'accés
info:eu-repo/semantics/openAccess
Apareix a les col.leccions
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.
Except where otherwise noted, this item's license is described as 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.