Abstract
We show that the results of the Constant-Market-Shares analysis are influenced by the - arbitrary - choice of the currency in which the data have been expressed. The so-called static competition effect is not influenced by the exchange rate. The Dutch export performance in 1989-1991 disaggregated by 17 OECD countries and five product groups serves as an empirical illustration of our findings.
Original language | English |
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Pages (from-to) | 380-401 |
Number of pages | 22 |
Journal | De Economist |
Volume | 141 |
Issue number | 3 |
DOIs | |
Publication status | Published - Sept 1993 |