Demand Growth versus Market Share Gains : Decomposing World Manufacturing Import Growth

This paper decomposes manufacturing import growth rates in a selected set of large industrial and developing countries (five industrial and eight developing) and measures the relative contributions of domestic demand and market share changes for tw...

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Main Authors: Aksoy, M. Ataman, Ng, Francis
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2013
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2013/02/17390433/demand-growth-versus-market-share-gains-decomposing-world-manufacturing-import-growth
http://hdl.handle.net/10986/13160
id okr-10986-13160
recordtype oai_dc
spelling okr-10986-131602021-04-23T14:03:07Z Demand Growth versus Market Share Gains : Decomposing World Manufacturing Import Growth Aksoy, M. Ataman Ng, Francis ABSOLUTE VALUE ACCOUNTING AGRICULTURAL TRADE ANNUAL IMPORT AVERAGE EXCHANGE RATES COMMODITY COMPARATIVE ADVANTAGE COMPETITIVENESS CONSTANT SHARE CORRELATION COEFFICIENT CORRELATION COEFFICIENTS COUNTRY DUMMIES DATA AVAILABILITY DEMAND GROWTH DEPRECIATION DEPRECIATIONS DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING COUNTRY MARKETS DEVELOPMENT BANK DOLLAR VALUES DOMESTIC DEMAND DOMESTIC DEMAND GROWTH DOMESTIC DEMANDS DOMESTIC PRODUCTION ECONOMIC DEVELOPMENTS ECONOMIC GROWTH ECONOMIC INTEGRATION ELASTICITY OF DEMAND EMERGING MARKET EMERGING MARKET COUNTRIES EQUIPMENT EXCHANGE RATES EXPANSION OF EXPORTS EXPORT DEPENDENCE EXPORT DIVERSIFICATION EXPORT DYNAMISM EXPORT GROWTH EXPORT PERFORMANCE EXPORT SECTOR EXPORT SHARES EXPORT SUPPLY EXPORTER FINANCIAL CRISIS FLUCTUATIONS IN TRADE GLOBAL DEMAND GLOBAL ECONOMIC PROSPECTS GLOBAL TRADE GLOBALIZATION GROWTH RATE GROWTH RATES HUMAN DEVELOPMENT IMPORT IMPORT GROWTH IMPORT SHARE IMPORT SUBSTITUTION IMPORTS INCOME INCOME ELASTICITY INDUSTRIAL COUNTRIES INDUSTRIAL COUNTRY INFLATION INTERNATIONAL BANK INTERNATIONAL ECONOMICS INTERNATIONAL TRADE INTERNATIONAL TRADE COMMISSION LIBERALIZATION LIBERALIZATION OF TRADE LIBERALIZATIONS LOCAL CURRENCIES LOW-INCOME COUNTRIES MARKET ACCESS MARKET DEMAND MARKET PENETRATION MARKET SHARE MARKET SHARES OPEN ECONOMIES OUTPUT OUTPUT RATIO OUTPUT RATIOS OUTPUTS PENETRATION RATES PREFERENTIAL AGREEMENTS PROTECTIONIST RAPID EXPANSION RAPID GROWTH RATE OF GROWTH REAL EXCHANGE RATES REGIONAL TRADE REGIONAL TRADE ARRANGEMENTS REPUTATION SUBSTITUTION SUPPLIERS TOTAL IMPORT TOTAL IMPORTS TRADE BARRIERS TRADE DATA TRADE EXPANSION TRADE GROWTH TRADE LIBERALIZATION TRADE LIBERALIZATIONS TRADE PATTERN TRADE PATTERNS TRADE REGIME TRADE REGIMES TRADE SHARES TRADE SURPLUS TRADE SURPLUSES TRADING WORLD DEMAND WORLD ECONOMY WORLD MARKET WORLD MARKET SHARE WORLD TRADE This paper decomposes manufacturing import growth rates in a selected set of large industrial and developing countries (five industrial and eight developing) and measures the relative contributions of domestic demand and market share changes for two separate periods 1991/92 - 2001/02 and 2001/02 - 2007/08. It also shows the shares of imports both from the rest of the world and from developing countries for aggregate and three-digit manufacturing sectors. Import growth is much higher during the 2000s driven by higher demand growth rates. While market share changes explain most of the growth during the 1990s, its contribution is relatively smaller during the 2000s. Imports from developing countries have grown much faster both in industrial and developing country markets driven primarily by market share changes. However, more than half of market share gains by developing countries are caused by the exports of China, which accounts for more than 70 percent of market share gains of developing countries in the sample countries during the 2000s. Despite rapid growth, developing countries' share in the gross absorption of the sample countries is still low and can expand substantially even if demand growth is much lower in the near future. 2013-04-11T19:34:57Z 2013-04-11T19:34:57Z 2013-02 http://documents.worldbank.org/curated/en/2013/02/17390433/demand-growth-versus-market-share-gains-decomposing-world-manufacturing-import-growth http://hdl.handle.net/10986/13160 English en_US Policy Research Working Paper;No. 6375 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ABSOLUTE VALUE
ACCOUNTING
AGRICULTURAL TRADE
ANNUAL IMPORT
AVERAGE EXCHANGE RATES
COMMODITY
COMPARATIVE ADVANTAGE
COMPETITIVENESS
CONSTANT SHARE
CORRELATION COEFFICIENT
CORRELATION COEFFICIENTS
COUNTRY DUMMIES
DATA AVAILABILITY
DEMAND GROWTH
DEPRECIATION
DEPRECIATIONS
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPING COUNTRY MARKETS
DEVELOPMENT BANK
DOLLAR VALUES
DOMESTIC DEMAND
DOMESTIC DEMAND GROWTH
DOMESTIC DEMANDS
DOMESTIC PRODUCTION
ECONOMIC DEVELOPMENTS
ECONOMIC GROWTH
ECONOMIC INTEGRATION
ELASTICITY OF DEMAND
EMERGING MARKET
EMERGING MARKET COUNTRIES
EQUIPMENT
EXCHANGE RATES
EXPANSION OF EXPORTS
EXPORT DEPENDENCE
EXPORT DIVERSIFICATION
EXPORT DYNAMISM
EXPORT GROWTH
EXPORT PERFORMANCE
EXPORT SECTOR
EXPORT SHARES
EXPORT SUPPLY
EXPORTER
FINANCIAL CRISIS
FLUCTUATIONS IN TRADE
GLOBAL DEMAND
GLOBAL ECONOMIC PROSPECTS
GLOBAL TRADE
GLOBALIZATION
GROWTH RATE
GROWTH RATES
HUMAN DEVELOPMENT
IMPORT
IMPORT GROWTH
IMPORT SHARE
IMPORT SUBSTITUTION
IMPORTS
INCOME
INCOME ELASTICITY
INDUSTRIAL COUNTRIES
INDUSTRIAL COUNTRY
INFLATION
INTERNATIONAL BANK
INTERNATIONAL ECONOMICS
INTERNATIONAL TRADE
INTERNATIONAL TRADE COMMISSION
LIBERALIZATION
LIBERALIZATION OF TRADE
LIBERALIZATIONS
LOCAL CURRENCIES
LOW-INCOME COUNTRIES
MARKET ACCESS
MARKET DEMAND
MARKET PENETRATION
MARKET SHARE
MARKET SHARES
OPEN ECONOMIES
OUTPUT
OUTPUT RATIO
OUTPUT RATIOS
OUTPUTS
PENETRATION RATES
PREFERENTIAL AGREEMENTS
PROTECTIONIST
RAPID EXPANSION
RAPID GROWTH
RATE OF GROWTH
REAL EXCHANGE RATES
REGIONAL TRADE
REGIONAL TRADE ARRANGEMENTS
REPUTATION
SUBSTITUTION
SUPPLIERS
TOTAL IMPORT
TOTAL IMPORTS
TRADE BARRIERS
TRADE DATA
TRADE EXPANSION
TRADE GROWTH
TRADE LIBERALIZATION
TRADE LIBERALIZATIONS
TRADE PATTERN
TRADE PATTERNS
TRADE REGIME
TRADE REGIMES
TRADE SHARES
TRADE SURPLUS
TRADE SURPLUSES
TRADING
WORLD DEMAND
WORLD ECONOMY
WORLD MARKET
WORLD MARKET SHARE
WORLD TRADE
spellingShingle ABSOLUTE VALUE
ACCOUNTING
AGRICULTURAL TRADE
ANNUAL IMPORT
AVERAGE EXCHANGE RATES
COMMODITY
COMPARATIVE ADVANTAGE
COMPETITIVENESS
CONSTANT SHARE
CORRELATION COEFFICIENT
CORRELATION COEFFICIENTS
COUNTRY DUMMIES
DATA AVAILABILITY
DEMAND GROWTH
DEPRECIATION
DEPRECIATIONS
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPING COUNTRY MARKETS
DEVELOPMENT BANK
DOLLAR VALUES
DOMESTIC DEMAND
DOMESTIC DEMAND GROWTH
DOMESTIC DEMANDS
DOMESTIC PRODUCTION
ECONOMIC DEVELOPMENTS
ECONOMIC GROWTH
ECONOMIC INTEGRATION
ELASTICITY OF DEMAND
EMERGING MARKET
EMERGING MARKET COUNTRIES
EQUIPMENT
EXCHANGE RATES
EXPANSION OF EXPORTS
EXPORT DEPENDENCE
EXPORT DIVERSIFICATION
EXPORT DYNAMISM
EXPORT GROWTH
EXPORT PERFORMANCE
EXPORT SECTOR
EXPORT SHARES
EXPORT SUPPLY
EXPORTER
FINANCIAL CRISIS
FLUCTUATIONS IN TRADE
GLOBAL DEMAND
GLOBAL ECONOMIC PROSPECTS
GLOBAL TRADE
GLOBALIZATION
GROWTH RATE
GROWTH RATES
HUMAN DEVELOPMENT
IMPORT
IMPORT GROWTH
IMPORT SHARE
IMPORT SUBSTITUTION
IMPORTS
INCOME
INCOME ELASTICITY
INDUSTRIAL COUNTRIES
INDUSTRIAL COUNTRY
INFLATION
INTERNATIONAL BANK
INTERNATIONAL ECONOMICS
INTERNATIONAL TRADE
INTERNATIONAL TRADE COMMISSION
LIBERALIZATION
LIBERALIZATION OF TRADE
LIBERALIZATIONS
LOCAL CURRENCIES
LOW-INCOME COUNTRIES
MARKET ACCESS
MARKET DEMAND
MARKET PENETRATION
MARKET SHARE
MARKET SHARES
OPEN ECONOMIES
OUTPUT
OUTPUT RATIO
OUTPUT RATIOS
OUTPUTS
PENETRATION RATES
PREFERENTIAL AGREEMENTS
PROTECTIONIST
RAPID EXPANSION
RAPID GROWTH
RATE OF GROWTH
REAL EXCHANGE RATES
REGIONAL TRADE
REGIONAL TRADE ARRANGEMENTS
REPUTATION
SUBSTITUTION
SUPPLIERS
TOTAL IMPORT
TOTAL IMPORTS
TRADE BARRIERS
TRADE DATA
TRADE EXPANSION
TRADE GROWTH
TRADE LIBERALIZATION
TRADE LIBERALIZATIONS
TRADE PATTERN
TRADE PATTERNS
TRADE REGIME
TRADE REGIMES
TRADE SHARES
TRADE SURPLUS
TRADE SURPLUSES
TRADING
WORLD DEMAND
WORLD ECONOMY
WORLD MARKET
WORLD MARKET SHARE
WORLD TRADE
Aksoy, M. Ataman
Ng, Francis
Demand Growth versus Market Share Gains : Decomposing World Manufacturing Import Growth
relation Policy Research Working Paper;No. 6375
description This paper decomposes manufacturing import growth rates in a selected set of large industrial and developing countries (five industrial and eight developing) and measures the relative contributions of domestic demand and market share changes for two separate periods 1991/92 - 2001/02 and 2001/02 - 2007/08. It also shows the shares of imports both from the rest of the world and from developing countries for aggregate and three-digit manufacturing sectors. Import growth is much higher during the 2000s driven by higher demand growth rates. While market share changes explain most of the growth during the 1990s, its contribution is relatively smaller during the 2000s. Imports from developing countries have grown much faster both in industrial and developing country markets driven primarily by market share changes. However, more than half of market share gains by developing countries are caused by the exports of China, which accounts for more than 70 percent of market share gains of developing countries in the sample countries during the 2000s. Despite rapid growth, developing countries' share in the gross absorption of the sample countries is still low and can expand substantially even if demand growth is much lower in the near future.
format Publications & Research :: Policy Research Working Paper
author Aksoy, M. Ataman
Ng, Francis
author_facet Aksoy, M. Ataman
Ng, Francis
author_sort Aksoy, M. Ataman
title Demand Growth versus Market Share Gains : Decomposing World Manufacturing Import Growth
title_short Demand Growth versus Market Share Gains : Decomposing World Manufacturing Import Growth
title_full Demand Growth versus Market Share Gains : Decomposing World Manufacturing Import Growth
title_fullStr Demand Growth versus Market Share Gains : Decomposing World Manufacturing Import Growth
title_full_unstemmed Demand Growth versus Market Share Gains : Decomposing World Manufacturing Import Growth
title_sort demand growth versus market share gains : decomposing world manufacturing import growth
publisher World Bank, Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2013/02/17390433/demand-growth-versus-market-share-gains-decomposing-world-manufacturing-import-growth
http://hdl.handle.net/10986/13160
_version_ 1764422837579284480