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Competition for global value added: domestic and export market shares

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Listed:
  • R. Cezar
  • A. Duguet
  • G. Gaulier
  • V. Vicard

Abstract

Export market share indicators have become a yardstick for measuring competitiveness. This Rue de la Banque presents a more detailed indicator of countries’ market shares in value added that takes into account the import content of exports and the positioning of firms in their domestic market – two aspects not reflected in the ratio of gross exports to global demand. Between 1995 and 2011, Germany and Spain both lost ground in their domestic markets but managed to withstand the rise of emerging economies in their export markets. France saw a stronger decline in its export market share when measured in gross terms, but proved more resilient in its domestic market. However, measured using the broader indicator presented in this paper, its performance is comparable to that of Germany.

Suggested Citation

  • R. Cezar & A. Duguet & G. Gaulier & V. Vicard, 2017. "Competition for global value added: domestic and export market shares," Rue de la Banque, Banque de France, issue 36, january..
    • Handle: RePEc:bfr:rueban:2017:36
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    References listed on IDEAS

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    Cited by:

    1. C. Mazet-Sonilhac & J.-S. Mésonnier, 2016. "The cost of equity for large non-financial companies in the euro area: an estimation over the last decade," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 44, pages 28-39, Winter.
    2. A. Boileau & L. Carlino & A. S. Lafon, 2016. "In the first half of 2016, the main French groups increased their profitability," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 44, pages 40-51, Winter.
    3. R. Cezar, 2016. "France’s pharmaceutical industry in global value chains," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 44, pages 52-63, Winter.
    4. E. Buttin, 2016. "Green bonds: a solution for financing the energy transition or a simple buzzword?," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 44, pages 20-27, Winter.
    5. B. Cabrillac & L. Gauvin & J.-L. Gossé, 2016. "GDP-indexed bonds: what are the benefits for issuing countries, investors and international financial stability?," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 44, pages 6-19, Winter.
    6. R. Cezar & A. Duguet & G. Gaulier & V. Vicard, 2017. "Competition for global value added: domestic and export market shares," Rue de la Banque, Banque de France, issue 36, january..
    7. R. Cezar & A. Duguet & G. Gaulier & V. Vicard, 2017. "Competition for Global Value Added: Export and Domestic Market Shares," Working papers 628, Banque de France.

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    JEL classification:

    • F1 - International Economics - - Trade
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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