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The Trade Unit Values Database

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

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Date of creation: Apr 2011
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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. Lionel Fontagné & Guillaume Gaulier & Soledad Zignago, 2008. "Specialization across varieties and North-South competition," Economic Policy, CEPR;CES;MSH, CEPR;CES;MSH, vol. 23, pages 51-91, 01.
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  10. Martin, Julien, 2012. "Markups, quality, and transport costs," European Economic Review, Elsevier, Elsevier, vol. 56(4), pages 777-791.
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Cited by:
  1. Giorgia Giovannetti & Marco Sanfilippo, 2013. "China's Competition and the Export Price Strategies of Developed Countries," Working Papers - Economics, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa wp2013_02.rdf, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.
  2. Charlotte Emlinger & Houssein Guimbard, 2013. "Per-Unit Duties: Friends or Foes of Developing Country Exporters?," Working Papers, CEPII research center 2013-23, CEPII research center.
  3. Houssein Guimbard & Sébastien Jean & Mondher Mimouni & Xavier Pichot, 2012. "MAcMap-HS6 2007, an Exhaustive and Consistent Measure of Applied Protection in 2007," Economie Internationale, CEPII research center, CEPII research center, issue 130, pages 99-122.
  4. 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, Estudios de Economía Aplicada, vol. 31, pages 249 (24pags, Enero.
  5. 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, Institute of Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences 1329, Institute of Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences.
  6. Murat Genç & David Law, 2014. "A Gravity Model of Barriers to Trade in New Zealand," Treasury Working Paper Series 14/05, New Zealand Treasury.
  7. Olga Solleder, 2013. "Panel Export Taxes (PET) Dataset: New Data on Export Tax Rates," IHEID Working Papers, Economics Section, The Graduate Institute of International Studies 07-2013, Economics Section, The Graduate Institute of International Studies, revised 04 Apr 2013.

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