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Salter Working Paper Number 16

Later Stage Processing of International Trade Data for SALTER by Kevin Hanslow is Working Paper number 16 in the development of The SALTER Model of the World Economy.

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1   Introduction

2   Overview of the trade data processing
Overview of preparation of target export and import totals
Overview of merchandise trade data processing
Overview of services trade data processing

3   A formal description of the trade data processing
Determining merchandise to total trade ratios by region consistent with an overall cif/fob ratio
Removing inconsistency in raw data
Intra-rest of world trade
Reconciling trade data to estimated cif to fob ratios
Adjusting cif to fob ratios to be consistent with freight implied by target region-specific total exports and imports
Reconciling trade data to balance of payments export and import totals
Final post-RAS adjustment of merchandise trade
Disaggregating SALTER input-output data on trade in services and prohibiting infeasible patterns of trade

4   The programs which perform the trade data processing
FORTRAN programs to facilitate initial data transfer
TABLO programs to perform data manipulation

Appendix A   Final trade data

Appendix B   Concordances between SALTER and GBH commodities and regions

Appendix C   TABLO code used for the computational phase of the trade data generation

Appendix D   FORTRAN programs for transferring initial trade data from text files to header array files

Appendix E   Stored input files for creating the initial data files (other than the trade data) used by the TABLO programs

Appendix F   Stored input files for use by TABLO programs and MODHAR in the computational phase of the trade data generation

Appendix G   Top portion (Australian export data) of the input file trade.txt for the FORTRAN program split, indicating the required format


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