In this paper we make an attempt to extend the WIFO trade-weighted exchange rate index (TWI_ER) by computing export-weighted
exchange rate indices for eight Austrian manufacturing industries covering the period from 1995 to 2005. The TWI_ER by manufacturing
industries improves upon the previous WIFO-TWI by calculating both current single (bilateral) and current double (multilateral)
export weights for each year under investigation. We also present stylised facts based on this unique dataset concerning foreign
market share dynamics and the relationship between international competitiveness and improvement in international performance
at an industry level.
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Forschungsbereich:Makroökonomie und öffentliche Finanzen