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Merchandise Exports

In: A New Balance of Payments for the United States, 1790–1919

Author

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  • Lawrence H. Officer

    (University of Illinois at Chicago)

Abstract

Conventional merchandise exports begin with the official series as modified by previous authors. The contribution here involves steps of subtraction and of addition. Ships sales (to be considered separately) are deleted from the official data, and legal overvaluation of re-exports is removed. Valuation concept is f.o.b. Additions are overland exports, and correction is made for both general underreporting of exports and undervaluation of overland exports to Canada.

Suggested Citation

  • Lawrence H. Officer, 2021. "Merchandise Exports," Palgrave Studies in American Economic History, in: A New Balance of Payments for the United States, 1790–1919, chapter 0, pages 115-131, Palgrave Macmillan.
    • Handle: RePEc:pal:psichp:978-3-030-66099-4_6
    DOI: 10.1007/978-3-030-66099-4_6
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