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Science 15 July 1988:
Vol. 241. no. 4863, pp. 308 - 313
DOI: 10.1126/science.241.4863.308
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Articles

Components of Competitiveness

LAWRENCE R. KLEIN 1

1 Benjamin Franklin Professor of Economics at the University of Pennsylvania, Philadelphia, PA 19104-6297.

There are various ways of looking at economic competitiveness. Some of the popular conceptions of America's relative position are clarified by examining the concept in terms of wage cost, productivity, profit margins, and exchange rates. A quantitative approach is laid out and examined in relation to similar measures for other countries. Also some relationships between competitiveness and the external deficit on current account for the United States are analyzed.


THIS ARTICLE HAS BEEN CITED BY OTHER ARTICLES:
The Role of Compensation Policies in Singapore's Competitiveness.
B. Sharma and I. Chew (1992)
Asia Pacific Journal of Human Resources 30, 16-24
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