Generalized Constant Market Shares (G-CMS) Analysis: Composition and Partition Approach

Even though Constant Market Shares (CMS) analysis is already established as an analytical tool to analyze one or more country export performances, it still has several fundamental problems within the method of analysis. In this research, we try to provide a solution of those weaknesses by constructing a Generalized CMS equation. By this model we can construct a more precise and flexible CMS, which is able to capture all possible variation of observation points connecting two primary distant points of analysis.