Publication:
Bridging the Gap in Trade Reporting: Insights from the Discrepancy Index

dc.contributor.authorMitikj, Sonja
dc.contributor.authorKaushik, Siddhesh Vishwanath
dc.date.accessioned2024-06-04T21:27:14Z
dc.date.available2024-06-04T21:27:14Z
dc.date.issued2024-06-04
dc.description.abstractAccurate trade data remain central for empirical investigations of international trade and informed formulation of trade policies. However, discrepancies in trade reporting, stemming from reasons such as logistics to deliberate misclassification, pose challenges to obtaining an accurate representation of trade activities. This paper provides a systematic examination of these discrepancies by using the Discrepancy Index, a measure of bilateral asymmetry in trade reporting. First, the paper proposes a rich set of country- and product-level indicators that capture both the frequency of misreporting and its impact on the overall recorded trade value. Second, it demonstrates how the Discrepancy Index database can aid analysis and resolve data reliability issues in international trade. This comprehensive data set is used to analyze the general trends in trade data reporting and its reliability, providing empirical insights into the nature and extent of reporting discrepancies. Finally, the paper demonstrates the practical application of the developed discrepancy database and aggregate indicators through case studies of Senegal and the trade relationship between Madagascar and France, shedding light on reporter-specific instances. The paper seeks to equip trade analysts and researchers with tools and resources to make informed decisions on the use of reported trade data and their mirror. In doing so, the study contributes to the broader endeavor of enhancing the reliability of international trade data, thereby contributing to a more accurate empirical investigation of global trade patterns and their policy ramifications.en
dc.identifierhttp://documents.worldbank.org/curated/en/099743506042435986/IDU-c7240652-37ed-4409-a8be-d65d86b26564
dc.identifier.doi10.1596/1813-9450-10792
dc.identifier.urihttps://hdl.handle.net/10986/41658
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesPolicy Research Working Paper; 10792
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo/
dc.subjectINTERNATIONAL TRADE DATA
dc.subjectDISCREPANCY INDEX
dc.subjectDATA QUALITY
dc.subjectMIRROR STATISTICS
dc.subjectECONOMETRIC MODELING
dc.subjectDATA COLLECTION
dc.subjectTRADE
dc.titleBridging the Gap in Trade Reportingen
dc.title.subtitleInsights from the Discrepancy Indexen
dc.typeWorking Paper
dspace.entity.typePublication
okr.associatedcontenthttps://reproducibility.worldbank.org/index.php/catalog/145 Link to data and reproducibility package
okr.crossref.titleBridging the Gap in Trade Reporting: Insights from the Discrepancy Index
okr.date.disclosure2024-06-04
okr.date.lastmodified2024-06-04T00:00:00Zen
okr.doctypePolicy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099743506042435986/IDU-c7240652-37ed-4409-a8be-d65d86b26564
okr.guid099743506042435986
okr.identifier.docmidIDU-c7240652-37ed-4409-a8be-d65d86b26564
okr.identifier.doi10.1596/1813-9450-10792
okr.identifier.doihttps://doi.org/10.1596/1813-9450-10792
okr.identifier.externaldocumentum34333251
okr.identifier.internaldocumentum34333251
okr.identifier.reportWPS10792
okr.import.id4375
okr.importedtrueen
okr.language.supporteden
okr.region.geographicalWorld
okr.topicInternational Economics and Trade::Trade Policy
okr.topicInternational Economics and Trade::International Trade and Trade Rules
okr.unitDevelopment Indicators and Data (DECID)
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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