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Assessing the adequacy of measures of Australia’s price competitiveness and structural change

Harding, Don (2001): Assessing the adequacy of measures of Australia’s price competitiveness and structural change. Published in: Australian Economic Review , Vol. 34, No. 4 (December 2001): pp. 458-466.

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Abstract

There are a plethora of measures of Australia’s international price competitiveness. This article provides a practitioners guide to those series. The currently available measures of international price competitiveness are found to be deficient. A theoretically sound measure is suggested and computer code is supplied to construct estimates.

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