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 |
|---|---|
| Pages (from-to) | 380-401 |
| Number of pages | 22 |
| Journal | De Economist |
| Volume | 141 |
| Issue number | 3 |
| DOIs | |
| Publication status | Published - Sept 1993 |