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World Trade Flows Characterization: Unit Values, Trade Types and Price Ranges

Author

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  • Charlotte Emlinger
  • Sophie Piton

Abstract

We provide a systematic decomposition of world trade using a new database built on an harmonized version of Trade Unit Values, CEPII's database providing a world trade matrix of unit values for more than 230 countries and 5 100 products over the period 2000-2012. The decomposition allows to associate each flow with a trade type (one-way trade, intra-industry trade in similar products or in differentiated products) and a price range (low, middle or high range). We show that world trade is still mainly inter-industry and concerns more and more middle-market products.

Suggested Citation

  • Charlotte Emlinger & Sophie Piton, 2014. "World Trade Flows Characterization: Unit Values, Trade Types and Price Ranges," Working Papers 2014-26, CEPII research center.
  • Handle: RePEc:cii:cepidt:2014-26
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    File URL: http://www.cepii.fr/PDF_PUB/wp/2014/wp2014-26.pdf
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    References listed on IDEAS

    as
    1. Lionel Fontagné & Guillaume Gaulier & Soledad Zignago, 2008. "Specialization across varieties and North-South competition," Economic Policy, CEPR;CES;MSH, vol. 23, pages 51-91, January.
    2. repec:cii:cepiei:2011-q4-128-5 is not listed on IDEAS
    3. repec:cii:cepiei:2011-q4-128 is not listed on IDEAS
    4. Antoine Berthou & Charlotte Emlinger, 2011. "The Trade Unit Values database," International Economics, CEPII research center, issue 128, pages 97-117.
    5. Gaulier, Guillaume & Zignago, Soledad, 2004. "Notes on BACI (analytical database of international trade). 1989-2002 version," MPRA Paper 32401, University Library of Munich, Germany.
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    Citations

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    Cited by:

    1. Guillaume Gaulier & Aude Sztulman & Deniz Ünal, 2019. "Are global value chains receding? The jury is still out. Key findings from the analysis of deflated world trade in parts and components," Working papers 715, Banque de France.

    More about this item

    Keywords

    Unit Values; Trade Prices; Trade Types; Price Ranges;

    JEL classification:

    • F1 - International Economics - - Trade
    • F6 - International Economics - - Economic Impacts of Globalization

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