OECD Economics Department Working Papers

Working papers from the Economics Department of the OECD that cover the full range of the Department’s work including the economic situation, policy analysis and projections; fiscal policy, public expenditure and taxation; and structural issues including ageing, growth and productivity, migration, environment, human capital, housing, trade and investment, labour markets, regulatory reform, competition, health, and other issues.

The views expressed in these papers are those of the author(s) and do not necessarily reflect those of the OECD or of the governments of its member countries.

English, French

A Constant Market Share Analysis of Spanish Goods Exports

The constant market share analysis framework is used to decompose changes in Spain’s share of the global market for goods exports into competitiveness and structural effects (i.e. the impact of specialisation, either in product or geographical terms) over 1996-2013. As other high-income countries, Spain has experienced competitive pressures from China and other emerging economies that have resulted in a loss of global market share. Nevertheless, the loss has been smaller than in other European advanced economies, thanks to better competitiveness. By contrast, the structure of geographic markets to which Spain exports, with a large-weight on relatively slow-growing areas and a small weight on fast-growing emerging countries, has exerted a negative impact on Spanish exports. In the same vein, the product structure, focused on relatively slow growing product lines, has not been conducive to better export performance either. This Working Paper relates to the 2014 OECD Economic Survey of Spain (http://www.oecd.org/eco/surveys/economic-survey-spain.htm).


Keywords: competitiveness, structure effect, manufacturing, exports, technological content, trade specialization, Spain, market share effect, constant market share
JEL: F14: International Economics / Trade / Empirical Studies of Trade; L6: Industrial Organization / Industry Studies: Manufacturing; O52: Economic Development, Innovation, Technological Change, and Growth / Economywide Country Studies / Economywide Country Studies: Europe; F43: International Economics / Macroeconomic Aspects of International Trade and Finance / Economic Growth of Open Economies
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