The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 8 The evolution of the international competitiveness (%); Greece
w = 20% | w = 30% | w = 40% | w = 50% | |
|---|---|---|---|---|
Wage devaluation | ||||
t = 1 | 102.3 | 103.5 | 104.7 | 105.9 |
t = 2 | 104.1 | 106.2 | 108.5 | 110.8 |
t = 3 | 105.3 | 108.2 | 111.3 | 114.5 |
t →+∞ | 108.5 | 113.2 | 118.4 | 124.1 |
ε = 20% | ε = 30% | ε = 40% | ε = 50% | |
|---|---|---|---|---|
Currency devaluation | ||||
t = 1 | 112.6 | 118.3 | 123.7 | 128.8 |
t = 2 | 109.7 | 113.9 | 117.8 | 121.4 |
t = 3 | 107.9 | 111.2 | 114.3 | 117.1 |