Showing 1 - 10 of 1,032
In March 2017, the IMF published an upgrade of its Direction of Trade Statistics (DOTS) dataset. This paper documents the new methodology that has been developed to estimate missing observations of bilateral trade statistics on a monthly basis. The new estimation procedure is founded on a...
Persistent link: https://www.econbiz.de/10011799291
This paper analyzes asymmetries in direct investment positions reported in the Coordinated Direct Investment Survey (CDIS) following a top down approach. First, it examines asymmetries at global level; second, it examines asymmetries between CDIS reported and derived data for individual...
Persistent link: https://www.econbiz.de/10011799645
This paper finds that the estimates of Armington elasticities (the elasticity of substitution between groups of products identified by country of origin) obtained from multilateral trade data can differ from those obtained from bilateral trade data. In particular, the former tends to be higher...
Persistent link: https://www.econbiz.de/10014404121
The quality of the estimated data in DOTS depends on the availability and accuracy of direction of trade reports and the estimation methodology. Because of the low coverage of monthly reporting, the estimating procedure plays a role of increased importance. This study, however, reveals two...
Persistent link: https://www.econbiz.de/10014395875
Vessel traffic data based on the Automatic Identification System (AIS) is a big data source for nowcasting trade activity in real time. Using Malta as a benchmark, we develop indicators of trade and maritime activity based on AIS-based port calls. We test the quality of these indicators by...
Persistent link: https://www.econbiz.de/10012155013
This paper sets out the key concepts necessary to calculate trade in value added using input-output tables. We explain the basic structure of an input-output table and the matrix algebra behind the computation of trade in value added statistics. Specifically, we compute measures of domestic...
Persistent link: https://www.econbiz.de/10011705346
This paper assesses external trade statistics in Lao PDR by looking at mirror statistics, and with reference to international experience in compilation and dissemination of external trade data. We find that exports could be underreported by 8 to 50 percent, while imports could be underreported...
Persistent link: https://www.econbiz.de/10011763657
This paper develops a new monthly World Trade Leading Indicator (WTLI) that relies on nonparametric and parametric … approaches. Compared to the CPB World Trade Monitor's benchmark indicator for global trade the WTLI captures turning points in … tool can provide policy makers with valuable foresight into the future direction of economic activity by tracking world …
Persistent link: https://www.econbiz.de/10014411928
I develop a model of firm-to-firm search and matching to show that the impact of falling trade costs on firm sourcing decisions and consumer welfare depends on the relative size of search externalities in domestic and international markets. These externalities can be positive if firms share...
Persistent link: https://www.econbiz.de/10012604747
Persistent link: https://www.econbiz.de/10011373959