Changes of a country's market share in world exports result from many interrelated factors.
Firstly, domestic and external macroeconomic developments influence the relative price/cost
competitiveness of exports. Secondly, long term structural factors like the endowment of
productive factors, technology and institutional background affect overall competitiveness
and the sectoral specialization of exports. Thirdly, geography and cultural linkages condition
the performance of exports and its distribution among different trade partners. Fourthly, the …