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Zkreslení dat v českém obchodu
[Biases in czech trade data]

Author

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  • Jan Hanousek
  • Richard Podpiera

Abstract

The goal of this article is to identify and quantify biases in the reporting of Czech foreign trade data. We investigate the pattern of exports and imports trade reporting and revisions. Our conclusion is that, even though exports and imports are reported relatively precisely, the cumulation of errors makes the adjustments of trade balance significant. This is true especially after the CZK was floated in mid - 1997, at which time the precision of reporting deteriorated significantly. In the period after mid - 1997 the actual trade deficit was almost 10 % narrower than the originally reported figure.

Suggested Citation

  • Jan Hanousek & Richard Podpiera, 1999. "Zkreslení dat v českém obchodu [Biases in czech trade data]," Politická ekonomie, Prague University of Economics and Business, vol. 1999(6).
    • Handle: RePEc:prg:jnlpol:v:1999:y:1999:i:6:id:88
    DOI: 10.18267/j.polek.88
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    Keywords

    foreign trade; biases in aggregate data;

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