Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/121032 
Authors: 
Year of Publication: 
2009
Series/Report no.: 
FIW Working Paper No. 32
Publisher: 
FIW - Research Centre International Economics, Vienna
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 The traditional CMS application was transformed to a dynamic model, such that the static indicators have been replaced by time series.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.
Subjects: 
Welfare International economics
trade
countries and industry studies of trade
index numbers and aggregation
time series models
JEL: 
F1
F14
C22
C43
Document Type: 
Working Paper

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