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The Evolution of Canada’s Global Export Market Share

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Author Info

  • Daniel de Munnik
  • Jocelyn Jacob
  • Wesley Sze

Abstract

Following gains during the 1990s, Canadafs global market share of goods exports has declined markedly in recent years. In this regard, the constant market share analysis framework is used to decompose changes in Canadafs global market share into competitiveness and structural effects over the 1990]2010 period, as well as to draw some comparisons to a number of other countries. While Canadian firms have been facing competitiveness challenges in recent years resulting from the persistent strength of the Canadian dollar and poor productivity performance relative to major trade competitors, other factors such as to whom Canada sells its products and the product it sells, have also significantly affected the performance of Canadian exports. Over the past decade, the structure of the geographic market to which Canada exports, with a large weight on the relatively slow]growing U.S. market, and a small weight on other economies, particularly the relatively fast]growing emerging market economies, has exerted the majority of the overall net negative impact on Canadian exports.

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File URL: http://www.bankofcanada.ca/wp-content/uploads/2012/10/wp2012-31.pdf
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Bibliographic Info

Paper provided by Bank of Canada in its series Working Papers with number 12-31.

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Length: 42 pages
Date of creation: 2012
Date of revision:
Handle: RePEc:bca:bocawp:12-31

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Related research

Keywords: Balance of payments and components; Exchange rates; International topics;

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  1. M. Del Gatto & F. Di Mauro & J. Gruber & B. Mandel, 2012. "The “Revealed” Competitiveness of U.S. Exports," Working Paper CRENoS 201232, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
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Cited by:
  1. Ruane, Frances & Siedschlag, Iulia & Murphy, Gavin, 2013. "Globalisation and Ireland's Export Performance," Papers WP451, Economic and Social Research Institute (ESRI).

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