We investigate the relationship between export market shares and relative unit labour costs using a long panel of 12 manufacturing industries across 14 OECD countries. We ask how sensitive are export market shares to changes in relative costs and what determines this sensitivity? Both costs and...

This paper analyses the impact of cost competitiveness and technology on export performance using a very rich panel dataset of 12 manufacturing industries in 14 OECD countries for the period between 1970 and 1992. Consistent with standard models, we find that changes in relative unit labour...

Globalization is widely misinterpreted. In particular Its quantitative extent and novelty are exaggerated. This article aims to put the facts in historical and statistical perspective. It criticizes the use of inappropriate statistical measures, conclusions drawn from little data, and the...