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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.
Piotr Dybka is an Assistant Professor at the SGH Warsaw School of Economics. His research interests are international economics, with a particular focus on sources of international competitiveness, and public economics, especially in the context of shadow economy estimation.
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