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

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Author Info
Skriner, Edith (Department of Economics and Finance, Institute for Advanced Studies, Vienna, Austria)
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 The traditional CMS application was transformed to a dynamic model, such that the static indicators have been replaced by time series.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 change is 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.

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File URL: http://www.ihs.ac.at/publications/eco/es-235.pdf
File Format: application/pdf
File Function: First version, 2009
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Publisher Info
Paper provided by Institute for Advanced Studies in its series Economics Series with number 235.

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Length: 22 pages
Date of creation: Feb 2009
Date of revision:
Handle: RePEc:ihs:ihsesp:235

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Related research
Keywords: International economics; Trade; Countries and industry studies of trade; Index numbers and aggregation; Time series models;

Find related papers by JEL classification:
F1 - International Economics - - Trade
F14 - International Economics - - Trade - - - Country and Industry Studies of Trade
C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions

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This page was last updated on 2009-11-4.

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