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GTAP Resource #3429

"GTAP 7 Data Base Documentation - Chapter 9.A: Reconciling Merchandise Trade Data"
by Gehlhar, Mark, Zhi Wang and Shunli Yao

This document describes various data problems and procedures for the treatment of merchandise trade. Preparation of bilateral merchandise trade for the GTAP 7 Data Base involves different approaches for confronting multiple challenges. Although wide discrepancies in reported bilateral trade flows are not a new problem, some of the largest discrepancies in bilateral trade are the result of re-export activity. With China now playing a more prominent role in world trade there are growing complexities because of indirect trade. Indirect trade is not permitted in the GTAP Data Base and it must be dealt with. Most methods for reconciling trade flows have generally not worked well for China and its trading partners because of the intermediary role of Hong Kong in China’s external trade. Nearly every country is a trading partner of China directly or indirectly, including China itself.1 Transshipment activity presents one of the most complex and growing problems, not just for China and Hong Kong, but for reconciling global bilateral trade flows.

Resource Details (Export Citation) GTAP Keywords
Category: GTAP 7 Data Base Documentation
Status: Published
By/In: Center for Global Trade Analysis
Date: 2010
Created: Batta, G. (7/30/2010)
Updated: Batta, G. (7/30/2010)
Visits: 4,552
- The GTAP Data Base and extensions

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