Economists and managers should be aware today of the fact that some concepts and economic mechanisms need to be reconsidered in the context of the new aspects of globalization. The appearance of new types of business and new trade patterns on the international stage has led to the restructure of...

The geographical fragmentation of production has created a new trade reality and has many implications for how we understand trade policy. The growing international flows in intermediate goods reflect the evolution of intra-industry trade, the impact of offshoring and the prominent role of...

This paper aims to provide a non-technical explanation of the concept of trade in value added, with particular reference to East Asia. The trade in value added approach allows us to redefine the relationship between countries of origin and destination in international trade, and thereby...

The unit value index (UVI) as compiled in Germany for exports and imports is compared with two other indices, viz. an index of Drobisch which unfortunately is likewise known as 'unit value index' and the 'normal' Laspeyres price index (PI) of exports and imports. The UVI may be viewed as a...

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,...

There is presently an international discussion among statistical institutes, reserve banks etc. about the feasibility of replacing true price indices of exports and imports by unit value indices. For the very few countries, such as Germany, providing both indices on a monthly basis this would...

The consequences of deregulation for economic statistics are discussed with a view to Europe 1992. In particular, the effects of the introduction of the Intrastat-system for statistics on international trade are investigated. It is argued that if the Statistical Offices of the EC-countries do no...

We analyze the extent and the direction of trade misinvoicing in the context of the new policy environment that has affected the Turkish economy in the post 1990 period. Utilizing bilateral partner country statistics between Turkey and its major trading partners, we observe persisting export...

The unit value index (UVI) as compiled in Germany for exports and imports is compared with two other indices, viz. an index of Drobisch which unfortunately is likewise known as "unit value index" and the "normal" Laspeyres price index (PI) of exports and imports. The UVI may be viewed as a...