We have analyzed the spatial accuracy of European foreign trade statistics compared to Latin American. We have also included USA’s data because of the importance of this country in Latin American trade. We have developed a method for mapping discrepancies between exporters and importers,...

This paper proposes a nonparametric test in order to establish the level of accuracy of the foreign trade statistics of 17 Latin American countries when contrasted with the trade statistics of the main partners in 1925. The Wilcoxon Matched-Pairs Ranks test is used to determine whether the...

Foreign trade statistics are the main data source to the study of international trade. However its accuracy has been under suspicion since Morgernstern published his famous work in 1963. Federico and Tena (1991) have resumed the question arguing that they can be useful in an adequate level of...

Price forecasting and trading strategies modelling are examined with major international stock indexes under different time horizons. Results demonstrate that an accurate prediction is equally important as a stable saving rate for long-term survivability. The best economic performances are...