Constant market shares analysis: uses, limitations and prospects

In this paper, we generalise the constant market shares (CMS) framework, with particular attention to the underlying theoretical conditions required for diagnostic interpretation. The approach is applied to the analysis of the export performance of the Australian processed food sector in South-East Asia over the period 1980–2003. We conclude that the usefulness of CMS analysis for evaluating a country’s international trade performance depends upon the empirical validity of the aggregation assumptions implicit in the diagnostic interpretation.


Subject(s):
Issue Date:
2006-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/116983
Published in:
Australian Journal of Agricultural and Resource Economics, Volume 50, Issue 4
Page range:
510-526
Total Pages:
17




 Record created 2017-04-01, last modified 2017-08-26

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