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Compiling and Using Export and Import Price Indices

Author/Editor: Zieschang, Kimberly D. | Dridi, Jemma
Authorized for Distribution: December 1, 2002
Electronic Access: Free Full Text (PDF file size is 2,089KB)
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate.

Summary: Export and import price indices are essential for assessing the impact of international trade on the domestic economy. Among their most important uses are analyzing developments in the trade balance, measuring foreign prices' contribution to domestic inflation, and deflating nominal values of exports and imports for estimating the volume of gross domestic product. This paper discusses the main uses of trade indices and the data sources used to compile them. It also presents various approaches used to compile foreign trade price indices, addresses various problems encountered in developing these indices, and provides some recommendations on how to address them.
 
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Series: Working Paper No. 02/230
Subject(s): International trade | Consumer price indexes | Economic models
 
English  
    Published:   December 1, 2002        
    ISBN/ISSN:   1934-7073   Format:   Paper
    Stock No:   WPIEA2302002   Pages:   59
    Price:   US$15.00 (Academic Rate: US$15.00 )
       
     
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