European Export Performance

Review of World Economics, Forthcoming

34 Pages Posted: 1 Feb 2012 Last revised: 29 Dec 2013

See all articles by Angela Cheptea

Angela Cheptea

National Institute for Agricultural Research (INRA)

Lionel Fontagne

University of Paris 1 Panthéon Sorbonne; Paris School of Economics; CEPII

Soledad Zignago

Banque de France

Multiple version iconThere are 2 versions of this paper

Date Written: October 17, 2013

Abstract

Using an econometric shift-share decomposition, we explain the redistribution of world market shares at the level of the product variety and by technological content. We decompose changes in market shares into structural effects (geographical and sectoral) and a pure performance effect. We regard the EU-27 as an integrated economy, excluding intra-EU trade. Revisiting the competitiveness issue in such a perspective sheds new light on the impact of emerging countries on the reshaping of world trade. Since 1995 the EU-27 withstood the competition from emerging countries better than the United States and Japan. The EU market shares for high-technology products, as well as in the upper price range of the market, proved comparatively resilient, though less so since the crisis.

Keywords: International Trade, Export Performance, Market Shares, Shift-Share, European Union

JEL Classification: F12, F15

Suggested Citation

Cheptea, Angela and Fontagne, Lionel and Zignago, Soledad, European Export Performance (October 17, 2013). Review of World Economics, Forthcoming. Available at SSRN: https://ssrn.com/abstract=1994527 or http://dx.doi.org/10.2139/ssrn.1994527

Angela Cheptea

National Institute for Agricultural Research (INRA) ( email )

147, rue de l'Universite
Paris Cedex 07, 75338
France

Lionel Fontagne

University of Paris 1 Panthéon Sorbonne ( email )

Maison des Sciences Economiques
106-112 Bd de l'Hôpital
Paris, 75013
France
+33 1 44 07 89 94 (Phone)
+33 1 53 68 55 01 (Fax)

HOME PAGE: http://lionelfontagne.weebly.com/

Paris School of Economics ( email )

48 Boulevard Jourdan
Paris, 75014 75014
France
+33 1 44 07 89 94 (Phone)

HOME PAGE: http://lionelfontagne.weebly.com/

CEPII ( email )

9 Rue Georges Pitard
Paris, 75015
France
+33 1 53 68 55 06 (Phone)

HOME PAGE: http://lionelfontagne.weebly.com/

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