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A Constant Market Share Analysis of U.S. Export Growth

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The paper examines the movements of U.S. world market export shares between 1962 and 1977. It also evaluates the performance of U.S. exports in particular subperiods over the 1962-1977 period risin...

The paper examines the movements of U.S. world market export shares between 1962 and 1977. It also evaluates the performance of U.S. exports in particular subperiods over the 1962-1977 period rising the Constant Market Share (CMS) model. The particular subperiods analyzed are 1962-1969, 1970-1973 and 1974-1977. The entire analysis was performed for 102 manufacturing commodities defined at the 3-digit SITC level. In the main body of the paper an in-depth analysis of the performance of the top eighteen U.S. manufacturing export earners over the entire 1962-1977 period is conducted as is a CMS analysis of the growth of total U.S. manufacturing exports.

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