NOT SO CONSTANT - THE CONSTANT-MARKET-SHARES ANALYSIS AND THE EXCHANGE-RATE

Citation
H. Oldersma et Pag. Vanbergeijk, NOT SO CONSTANT - THE CONSTANT-MARKET-SHARES ANALYSIS AND THE EXCHANGE-RATE, Economist, 141(3), 1993, pp. 380-401
Citations number
36
Categorie Soggetti
Economics
Journal title
ISSN journal
0013063X
Volume
141
Issue
3
Year of publication
1993
Pages
380 - 401
Database
ISI
SICI code
0013-063X(1993)141:3<380:NSC-TC>2.0.ZU;2-7
Abstract
We show that the results of the Constant-Market-Shares analysis are in fluenced by the - arbitrary - choice of the currency in which the data have been expressed. The so-called static competition effect is not i nfluenced by the exchange rate. The Dutch export performance in 1989-1 991 disaggregated by 17 OECD countries and five product groups serves as an empirical illustration of our findings.