Braml, Martin T.; Felbermayr, Gabriel J. - In: International Tax and Public Finance 29 (2021) 5, pp. 1075-1097
The world runs a trade surplus with itself: the reported values of exports exceed the reported values of imports. This … trade surplus with itself that amounts to more than 80% of the global surplus. In this paper, we show that this EU self … trade accounts. We further examine discrepancies in goods and services trade accounts at the country and country pair level …