Skip to main content

Exploring the accuracy of international trade statistics

Buy Article:

$47.50 plus tax (Refund Policy)

This study provides a comprehensive investigation of statistical discrepancies in generally accepted international trade figures published by the IMF between 1948 and 1994. We calculated export over- and underestimation for each country and all of their bilateral trading partners. By keeping totals for over- and underestimation in separate categories we avoided the cancellation effect of aggregating positive and negative discrepancies among partner countries. In general, the results show a significant improvement in the quality of trade data over time. However for many countries, relatively large discrepancies still exist that defy technical explanations, such as the CIF-FOB margins. Also, because export over- and underestimation coexist for most of the countries at varying degrees, use of the aggregate sum of the discrepancy might disguise the actual magnitude of the problem. A significant difference exists in the relative magnitude and dispersion of trade discrepancies between OECD countries and non-OECD countries. Trend analysis suggests that the accuracy of trade data is improving at a faster rate in the non-OECD than in the OECD countries.
No Reference information available - sign in for access.
No Citation information available - sign in for access.
No Supplementary Data.
No Article Media
No Metrics

Document Type: Research Article

Publication date: 1998-12-01

More about this publication?
  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more