A Tree-form Constant Market Share Model for Growth Causes in International Trade Based on Multi-level Classification

Yuanhua Feng, Zhichao Guo and Christian Peitz

Journal of Industry, Competition and Trade, 2014, vol. 14, issue 2, 207-228

Abstract: This paper introduces a tree-form constant market share (CMS) model for analyzing growth causes in international trade based on multi-level classification. The tree-form CMS is a collection of CMS models at different levels, including the entire, branch- and leaf-models, which consists of a large amount of information and has a wide application spectrum. Basic properties of this model are investigated in detail. It is shown that the tree-form CMS model is superior to other CMS models in the literature. It is also shown that well known CMS formulations are special cases of a linear class with two parameters, which control how the interaction term is divided into the demand growth and competitive terms. Application to bilateral trade between China and Germany shows that the growth causes in different periods are clearly different. It is shown that the outputs of the tree-form CMS model can be used for further suitable statistical analysis. Furthermore, our theoretical findings are also confirmed by those data examples. Copyright Springer Science+Business Media New York 2014

Keywords: Tree-form CMS; International trade; Growth causes; General CMS formulations; C51; F14; C43 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1007/s10842-013-0156-y (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: A tree-form constant market share model for growth causes in international trade based on multi-level classification (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:jincot:v:14:y:2014:i:2:p:207-228

Ordering information: This journal article can be ordered from
http://www.springer. ... on/journal/10842/PS2

DOI: 10.1007/s10842-013-0156-y

Access Statistics for this article

Journal of Industry, Competition and Trade is currently edited by Karl Aiginger, Marcel Canoy and Michael Peneder

More articles in Journal of Industry, Competition and Trade from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().