Estimation of trade margins: an application of the UN bilateral trade data

SALTER working paper 11

This paper by Mark J Gehlhar, James K Binkley and Thomas W Hertel is working paper 11 for the SALTER model of the world economy.

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Preface

Introduction

Commodity Aggregation Scheme

Characteristics of the Data

Problems Caused by Extreme Observations

Developing a Regression Model

Margin Estimates

Generating Bilateral Trade Margins

Summary and Conclusions

References