1.

Record Nr.

UNINA9910463687303321

Autore

Imam Patrick A

Titolo

Mauritius : a competitiveness assessment / / Patrick Imam and Camelia Minoiu ; authorized for distribution by Arend Kouwenaar

Pubbl/distr/stampa

[Washington, District of Columbia] : , : International Monetary Fund, , 2008

©2008

ISBN

1-4623-8606-7

1-4527-2183-1

9786612841637

1-282-84163-7

1-4518-7070-1

Descrizione fisica

1 online resource (35 p.)

Collana

IMF working paper ; ; WP/08/212

Altri autori (Persone)

MinoiuCamelia

KouwenaarArend

Disciplina

338.6048

Soggetti

Competition - Mauritius - Econometric models

Foreign exchange rates - Mauritius - Econometric models

Equilibrium (Economics) - Econometric models

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

C. Capital-Enhanced Equilibrium Exchange Rate Approach (CHEER) 6. FEER-SE Approach: Actual vs. Equilibrium REER; 7. CHEER Approach: Actual vs. Equilibrium NER; D. External Sustainability Approach (ES); IV. Structural Competitiveness Analysis; 8. Composite Indicators of Structural Competitiveness; 9. Relative Performance on Trade Costs; V. Conclusions; References; Appendix: List of Tables; 1. Summary Statistics for FEER-MB Approach; 2. Correlates of the Current Account Balance-Panel Estimates (1980-2005); 3. Unit Root Tests for the FEER-SE Approach; 4. Unit Root Tests for the CHEER Approach

5. Johansen Cointegration Test for the CHEER Approach 6. The Relative Performance of Mauritius on Trade Costs; 7. The Relative Performance of the Mauritius ICT Sector



Sommario/riassunto

We assess the competitiveness of Mauritius in recent years using two approaches. First, we estimate the difference between the equilibrium and the actual real exchange rate using four methods: the macroeconomic balance approach, the single-equation fundamentals approach, the capital-enhanced approach, and the external sustainability approach. The methods consistently suggest that at the end of 2007 the exchange rate was aligned with its equilibrium value. Second, we undertake a comparative analysis of structural competitiveness indicators and find that Mauritius often fares better on business