ISBN-13: 9783631856512 / Angielski / Twarda / 2022 / 126 str.
ISBN-13: 9783631856512 / Angielski / Twarda / 2022 / 126 str.
This study examines the determinants of current account, export market share and exchange rates using Bayesian Model Averaging. Main policy implication of the study is that increasing international competitiveness is a gradual process that requires institutional and technological changes rather than a short-term adjustments in relative prices.