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Estimation of Trade Margins - An Application of the UN Bilateral Trade Data
Salter Working Paper Number 11
Estimation of Trade Margins - An Application of the UN Bilateral Trade Data by Mark J. Gehlhar, James K. Binkley and Thomas W. Hertel is Working Paper number 11 in the development of The SALTER Model of the World Economy.
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Contents
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
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