Mulder, Nanno; Vialou, Alexandre; David, Beatriz; … - 2004
productivity is measured by output per
worker, valued in a common currency using sector-specific exchange rates or unit value …
ratios (UVRs). UVRs are applied instead of exchange rates, as the latter undervalue
production and productivity of the …-economic competitiveness of a country is
the fluctuation of its exchange rate relative to its trading partners combined with the
evolution of …