Exploring the accuracy of international trade statistics

$54.97 plus tax (Refund Policy)

Buy Article:


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.

Document Type: Research Article

DOI: http://dx.doi.org/10.1080/000368498324689

Publication date: December 1, 1998

More about this publication?
Related content

Share Content

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
Cookie Policy
ingentaconnect 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