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

Author

Listed:
  • 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 The traditional CMS application was transformed to a dynamic model, such that the static indicators have been replaced by time series.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.

Suggested Citation

  • Skriner, Edith, 2009. "Competitiveness and Specialisation of the Austrian Export Sector. A Constant-Market-Shares Analysis," Economics Series 235, Institute for Advanced Studies.
  • Handle: RePEc:ihs:ihsesp:235
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    File URL: https://irihs.ihs.ac.at/id/eprint/1901
    File Function: First version, 2009
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    Citations

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    Cited by:

    1. Andrius Zuoza & Vaida Pilinkienė, 2021. "Energy Efficiency and Carbon Emission Impact on Competitiveness in the European Energy Intensive Industries," Energies, MDPI, vol. 14(15), pages 1-16, August.
    2. Maria Paula Fontoura & Nuno Crespo, 2015. "Trade performance of the less developed African countries," Journal of Developing Areas, Tennessee State University, College of Business, vol. 49(1), pages 223-241, January-M.
    3. Klaus Vondra, 2014. "Austria Holds Intra-EU Export Market Shares almost Constant despite Difficult Economic Environment," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue 3, pages 54-74.
    4. Maryna Kovbatiuk & George Kovbatiuk & Viktoriia Shkliar, 2023. "The Model Of Assessment Of Goods Exports Of Ukraine To The World Integration Associations," Baltic Journal of Economic Studies, Publishing house "Baltija Publishing", vol. 9(1).
    5. Mohd Fayaz & Sandeep Kaur, 2022. "India’s Merchandise Exports to Asia: A Constant Market Share Analysis," Foreign Trade Review, , vol. 57(2), pages 178-197, May.
    6. Petra Čekmeová, 2016. "Konkurecieschopnosť ako cieľ hospodárskej politiky [Competitiveness as a Goal of Economic Policy]," Politická ekonomie, Prague University of Economics and Business, vol. 2016(3), pages 338-350.
    7. Le Thi Bich Lien & Dalut Alfred Nanwul, 2018. "A Comparison on Rice export between China and Vietnam: A constant market share analysis," E3 Journal of Business Management and Economics., E3 Journals, vol. 9(1), pages 001-011.

    More about this item

    Keywords

    International economics; Trade; Countries and industry studies of trade; Index numbers and aggregation; Time series models;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • F14 - International Economics - - Trade - - - Empirical 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; Dynamic Treatment Effect Models; Diffusion Processes

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