Revisiting constant market share analysis: An exercise applied to NAFTA

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cepal.bibLevelDocumento Completo
cepal.callNumberLC/TS.2021/94
cepal.docTypeSeries
cepal.jobNumberS2100428_en
cepal.regionalOfficeMéxico
cepal.sdg17
cepal.topicEngINTERNATIONAL TRADE
cepal.topicEngTRADE IN GOODS AND SERVICES
cepal.topicEngTRADE POLICY AND TRADE AGREEMENTS
cepal.topicSpaCOMERCIO DE BIENES Y SERVICIOS
cepal.topicSpaCOMERCIO INTERNACIONAL
cepal.topicSpaPOLÍTICA COMERCIAL Y ACUERDOS COMERCIALES
cepal.workareaEngINTERNATIONAL TRADE AND INTEGRATION
cepal.workareaSpaCOMERCIO INTERNACIONAL E INTEGRACIÓN
dc.contributor.authorEscaith, Hubert
dc.coverage.spatialEngCANADA
dc.coverage.spatialEngMEXICO
dc.coverage.spatialEngUNITED STATES
dc.coverage.spatialSpaCANADA
dc.coverage.spatialSpaESTADOS UNIDOS
dc.coverage.spatialSpaMEXICO
dc.date.accessioned2021-07-28T15:26:18Z
dc.date.available2021-07-28T15:26:18Z
dc.date.issued2021-07-28
dc.description.abstractThis article proposes a new formulation of constant market share (CMS) trade analysis inspired by the statistical principles supporting revealed comparative advantages (RCA). This novel approach is methodologically consistent and rooted in information theory. It also avoids the discrete-form residuals that plague traditional CMS analysis, while remaining simple to compute. The new “comparative market share analysis decomposition” (CMSD) is applied to the changes in the structure and origin of United States imports after the implementation of the North American Free Trade Agreement (NAFTA). It is shown in this exercise that both CMSD and RCA can be paired together in order to shed light on the dynamics of competitiveness and comparative advantages in international trade.
dc.description.tableOfContentsAbstract .-- Introduction .-- I. The dynamics of export competitiveness and constant market share analysis .-- II. Comparative market share analysis: a probabilistic reinterpretation of CMS .-- III. Empirical application: NAFTA and the United States Imports .-- IV. Complementing CMSD with RCA .-- V. Conclusions.
dc.formatTexto
dc.format.extent42 páginas.
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/TS.2021/94
dc.identifier.unSymbolLC/MEX/TS.2021/16
dc.identifier.urihttps://hdl.handle.net/11362/47123
dc.language.isoeng
dc.physicalDescription42 p.
dc.publisherECLAC
dc.publisher.placeMéxico, D.F.
dc.relation.isPartOfSeriesSerie Estudios y Perspectivas (México, DF)
dc.relation.isPartOfSeriesNo192
dc.rights.coarDisponible
dc.subject.unbisEngINTERNATIONAL TRADE
dc.subject.unbisEngMARKETS
dc.subject.unbisEngMARKET SHARE
dc.subject.unbisEngEXPORTS
dc.subject.unbisEngCOMPETITIVENESS
dc.subject.unbisEngCOMPARATIVE ANALYSIS
dc.subject.unbisEngNAFTA
dc.subject.unbisEngTRADE POLICY
dc.subject.unbisSpaCOMERCIO INTERNACIONAL
dc.subject.unbisSpaMERCADOS
dc.subject.unbisSpaPARTICIPACION EN EL MERCADO
dc.subject.unbisSpaEXPORTACIONES
dc.subject.unbisSpaCOMPETITIVIDAD
dc.subject.unbisSpaANALISIS COMPARATIVO
dc.subject.unbisSpaNAFTA
dc.subject.unbisSpaPOLITICA COMERCIAL
dc.titleRevisiting constant market share analysis: An exercise applied to NAFTA
dc.type.coarlibro
dc.usergrouppubweb
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