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The Trade Unit Values Database

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Author Info

  • Antoine Berthou
  • Charlotte Emlinger

Abstract

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 values and the harmonization of quantity information. These biases reduce the reliability of unit values as a proxy for trade prices. This paper presents the Trade Unit Values dataset, a new database developed to circumvent these statistical issues. Bilateral trade unit values are computed at a very high level of disaggregation before aggregation into Harmonized-System 6-digits categories to allow for cross-country comparability. Our processing strategy improves the differentiation of trade prices within product categories, as compared to existing worldwide datasets. A simple econometric analysis shows that unit values in our database are well explained by economic aggregates.

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Bibliographic Info

Paper provided by CEPII research center in its series Working Papers with number 2011-10.

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Date of creation: Apr 2011
Date of revision:
Handle: RePEc:cii:cepidt:2011-10

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Keywords: UNIT VALUE; TRADE PRICE; INTERNATIONAL TRADE;

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References

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  1. Julien Martin, 2010. "Markups, Quality and Transport Costs," Working Papers 2010-17, Centre de Recherche en Economie et Statistique.
  2. Lionel Fontagné & Guillaume Gaulier & Soledad Zignago, 2007. "Specialisation across Varieties within Products and North-South Competition," Working Papers 2007-06, CEPII research center.
  3. Amit Khandelwal, 2007. "The Long and Short (of) Quality Ladders," 2007 Meeting Papers 244, Society for Economic Dynamics.
  4. Won Chang & Winters, L. Alan, 1999. "How regional blocs affect excluded countries - the price effects of MERCOSUR," Policy Research Working Paper Series 2157, The World Bank.
  5. Bastos, Paulo & Silva, Joana, 2010. "The quality of a firm's exports: Where you export to matters," Journal of International Economics, Elsevier, vol. 82(2), pages 99-111, November.
  6. David Weinstein & Christian Broda, 2004. "Globalization and the Gains from Variety," 2004 Meeting Papers 530, Society for Economic Dynamics.
  7. Peter K. Schott, 2008. "The relative sophistication of Chinese exports," Economic Policy, CEPR & CES & MSH, vol. 23, pages 5-49, 01.
  8. Guillaume Gaulier & Soledad Zignago, 2010. "BACI: International Trade Database at the Product-Level. The 1994-2007 Version," Working Papers 2010-23, CEPII research center.
  9. Guillaume Gaulier & Julien Martin & Isabelle Méjean & Soledad Zignago, 2008. "International Trade Price Indices," Working Papers 2008-10, CEPII research center.
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Citations

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Cited by:
  1. Giorgia Giovannetti & Marco Sanfilippo, 2012. "China’s competition and the export price strategies of developed countries," FIW Working Paper series 102, FIW.
  2. Houssein Guimbard & Sébastien Jean & Mondher Mimouni & Xavier Pichot, 2012. "MAcMap-HS6 2007, an exhaustive and consistent measure of applied protection in 2007," Working Papers 2012-10, CEPII research center.
  3. Murat Genç & David Law, 2014. "A Gravity Model of Barriers to Trade in New Zealand," Treasury Working Paper Series 14/05, New Zealand Treasury.
  4. Gabor Bekes & Balazs Murakozy & Zsuzsa Munkacsi & Gabor Oblath, 2013. "Unit Values, Unit Labor Costs and Trade Performance in Four Central European Countries," IEHAS Discussion Papers 1329, Institute of Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences.
  5. Del Rosal Fernández, Ignacio, 2013. "Las condiciones de entrega en el comercio exterior español /Terms of Delivery in the Spanish International Trade," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 31, pages 249 (24pags, Enero.
  6. Emlinger, Charlotte & Guimbard, Houssein, 2013. "Per-Unit Duties: Friends Or Foes Of Developing Country Exporters?," 135th Seminar, August 28-30, 2013, Belgrade, Serbia 160381, European Association of Agricultural Economists.
  7. Olga Solleder, 2013. "Panel Export Taxes (PET) Dataset: New Data on Export Tax Rates," IHEID Working Papers 07-2013, Economics Section, The Graduate Institute of International Studies, revised 04 Apr 2013.

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