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Treating trade statistics inaccuracies: the case of intra-industry trade

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  • Imre Fertő
  • Attila Karoly Soos

Abstract

We investigate the accuracy of trade statistics employing intra-industry trade analysis for 29 countries. We exploit the fact that country A's exports to country B are country B's imports from country A. The data published by the two sides can be compared with each other. Are A's or B's data more accurate? Our analysis is based on the average degree of 'similarity' between country A's and country B's data and the 'mirror' data of all the other countries in the sample. The ranking of the countries by the accuracy of their data yielded by our calculations mainly confirm our a priori expectations. We also investigate whether the data of 'good' reporting countries can be more trusted than some averages of the latter and the data reported by the 'bad' reporters.

Suggested Citation

  • Imre Fertő & Attila Karoly Soos, 2009. "Treating trade statistics inaccuracies: the case of intra-industry trade," Applied Economics Letters, Taylor & Francis Journals, vol. 16(18), pages 1861-1866.
  • Handle: RePEc:taf:apeclt:v:16:y:2009:i:18:p:1861-1866
    DOI: 10.1080/13504850701719512
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    Cited by:

    1. Fertő, Imre, 2013. "Intra-industry trade for agri-food products in the enlarged European Union," 87th Annual Conference, April 8-10, 2013, Warwick University, Coventry, UK 158846, Agricultural Economics Society.
    2. Ferto, Imre & Jambor, Attila, 2013. "Vertical Intra-Industry Trade and the EU Accession: The Case of Hungarian Agri-Food Sector," 87th Annual Conference, April 8-10, 2013, Warwick University, Coventry, UK 158847, Agricultural Economics Society.
    3. Muhammad Shahbaz & Nuno Carlos Leitão & Muhammad Sabihuddin Butt, 2012. "Pakistan Intra-Industry Trade: A Panel Data Approach," International Journal of Economics and Financial Issues, Econjournals, vol. 2(2), pages 225-232.
    4. Imre Ferto & Attila Jambor, 2015. "Drivers of vertical intra-industry trade: the case of the Hungarian agri-food sector," Agricultural Economics, International Association of Agricultural Economists, vol. 46(1), pages 113-123, January.
    5. Shahbaz, Muhammad & Leitão, Nuno Carlos, 2011. "Intra-industry trade: The Pakistan experience," MPRA Paper 28665, University Library of Munich, Germany.
    6. Leitão, Nuno Carlos, 2012. "Globalization and United States’ Intra-Industry Trade," MPRA Paper 39756, University Library of Munich, Germany.

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