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One of the most striking features of the crisis that started during the fall of 2008 has been the sharp decrease in the world volume of trade in goods. The collapse of trade values has been even larger, leading to a decrease of import price indices. We argue that the decrease of import price...
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Similar products are imported at different prices, suggesting that varieties are vertically differentiated between low and high quality. This differentiation of varieties according to their quality enables to provide new evidence regarding the collapse of world trade during the recent crisis....
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Trade unit values are commonly used as proxies for trade prices in empirical research in international economics. Existing datasets providing international trade unit values for a large number of countries typically suffer from a number of statistical biases, due to the aggregation of unit...
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Trade unit values are commonly used as proxies for trade prices in empirical research in international economics. Existing datasets providing international trade unit values for a large number of countries typically suffer from a number of statistical biases, due to the aggregation of unit...
Persistent link: https://www.econbiz.de/10009002849
Trade unit values are commonly used as proxies for trade prices in empirical research in international economics. Existing datasets providing international trade unit values for a large number of countries typically suffer from a number of statistical biases, due to the aggregation of unit...
Persistent link: https://www.econbiz.de/10010567361