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Productivity, Labour Cost and Export Adjustment

其他書名	Detailed Results for 24 EU Countries
出版	Bruegel, 2012
URL	http://books.google.com.hk/books?id=l-AeyAEACAAJ&hl=&source=gbs_api

註釋As a background document for the Policy Contribution 'Compositional effects on productivity, labour cost and export adjustment', this working paper presents detailed results for 24 EU countries on: The sectoral changes in the economy; The unit labour costs (ULC) based real effective exchange rate (REER) and its main components; Export performance. The ULC-REERs are calculated: For the total economy, the business sector (excluding agriculture, construction and real estate activities), and some main sectors; Using both actual aggregates and fixed-weight aggregates, as the latter are free from the impacts of compositional changes; Against 30 trading partners and against three subsets of trading partners: euro-area, non-euro area EU, non-EU. The REERs calculated in this paper are freely downloadable.