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Constant Market Share Analysis (CMSA) is a method which decomposes the variation of market shares of any trader country. The more recent version is proposed by Fagerberg and Sollie (1985) that avoids some limits deriving from previously specifications. After explicating how CMSA works, this note...
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This paper analyses the effects of the 1990 Brazilian trade liberalization on the total factor productivity, market share and profits of a sample of 349 large manufacturing firms. A panel data production function analysis for the period 1986/94 indicates very large total factor productivity...
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Nominal rigidities due to menu costs have become a standard element in closed economy macroeconomic modeling. The "New Open Economy Macroeconomics" literature has investigated the implications of nominal rigidities in an open economy context and found that the currency in which prices are set...
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