Competitiveness and Specialisation of the Austrian Export Sector: A Constant-Market-Shares Analysis

Skriner, Edith (February 2009) Competitiveness and Specialisation of the Austrian Export Sector: A Constant-Market-Shares Analysis. IHS Economics Series 235

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Abstract or Table of Contents

Abstract: This constant-market-shares (CMS) analysis shows the development of competitiveness, market and product structure of the Austrian merchandise exports from 1990 to 2006. The traditional CMS application was transformed to a dynamic model, such that the static indicators have been replaced by time series. This dynamic consideration of the CMS analysis helps to track all changes in the trade structure and competitiveness over time. The long-term trend of the indicators suggests that the Austrian foreign trade sector was able to maintain its market share in the global environment. While the Austrian foreign trade performance only slightly deviates from the pattern of the traditional industrialised countries, a strong structural changeis observable in the external sector of the emerging markets. The disadvantages in competitiveness of the Austrian foreign sector have vanished, however, the market and product structure effects show negative trends after 2000, pointing to vulnerability in the Austrian export sector.;

Item Type: IHS Series
Keywords: 'International economics' 'Trade' 'Countries and industry studies of trade' 'Index numbers and aggregation' 'Time series models'
Classification Codes (e.g. JEL): F1, F14, C43, C22
Status: Published
Date Deposited: 26 Sep 2014 10:38
Last Modified: 22 Jul 2017 02:15
URI: http://irihs.ihs.ac.at/id/eprint/1901

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