Import Surveillance and Over Invoicing of Imports in Turkey
Turkey has been implementing import surveillance measures in order to protect its industry from unfair price cuts. One possible impact of the import surveillance mechanism is over invoicing of imports in order to avoid surveillance procedures since the procedures are applied to goods with prices under a predefined reference price. In this paper, we investigate whether import surveillance mechanism causes rise in the import figures due to over invoicing. We extend the mirror statistics methodology with panel data techniques using a highly disaggregated data set. Our results suggest that, import surveillance mechanism causes over invoicing and that import figures of Turkey are inflated by around 2 to 3 billion dollars as of 2011.
|Date of creation:||2013|
|Contact details of provider:|| Postal: Head Office, Istiklal Cad. 10 Ulus, 06100 Ankara|
Phone: (90 312) 507 5000
Fax: (90 312) 507 5640
Web page: http://www.tcmb.gov.tr
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:tcb:wpaper:1301. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ozlem Ekmekciler Ramalho Rocha)or (Ilker Cakar)
If references are entirely missing, you can add them using this form.