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Author:Hughes, G.
Hare, P.
Title:The international competitiveness of industries in Bulgaria, Czechoslovakia, Hungary, and Poland.
Journal:Oxford Economic Papers
1994 : APR, VOL. 46:2, p. 200-221
Index terms:COMPETITIVENESS
INDUSTRIES
EUROPE, EAST
Language:eng
Abstract:This paper develops a methodology which makes it possible to rank industrial branches in Eastern Europe according to various measures of competitiveness, removing the effects of existing distortions. World market prices are used to revalue inputs and outputs, and measures of social profitability are estimated for Bulgaria, Czechoslovakia, Hungary, and Poland; these measures apply to the short run (based on value added), the medium run (with allowance for shadow labour costs), and the long run (with allowance for shadow costs of labour and capital).
SCIMA record nr: 111560
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