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World Trade Flows Characterization: Unit Values, Trade Types and Price Ranges

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  • Charlotte Emlinger
  • Sophie Piton

Abstract

We provide a systematic decomposition of world trade using a new database built on an harmonized version of Trade Unit Values, CEPII's database providing a world trade matrix of unit values for more than 230 countries and 5 100 products over the period 2000-2012. The decomposition allows to associate each flow with a trade type (one-way trade, intra-industry trade in similar products or in differentiated products) and a price range (low, middle or high range). We show that world trade is still mainly inter-industry and concerns more and more middle-market products.

Suggested Citation

  • Charlotte Emlinger & Sophie Piton, 2014. "World Trade Flows Characterization: Unit Values, Trade Types and Price Ranges," Working Papers 2014-26, CEPII research center.
    • Handle: RePEc:cii:cepidt:2014-26
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    File URL: http://www.cepii.fr/PDF_PUB/wp/2014/wp2014-26.pdf
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    References listed on IDEAS

    as
    1. Lionel Fontagné & Guillaume Gaulier & Soledad Zignago, 2008. "Specialization across varieties and North–South competition [‘Multi-Product Firms and Trade Liberalization’]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 23(53), pages 52-91.
    2. repec:cii:cepiei:2011-q4-128-5 is not listed on IDEAS
    3. Antoine Berthou & Charlotte Emlinger, 2011. "The Trade Unit Values database," International Economics, CEPII research center, issue 128, pages 97-117.
    4. Gaulier, Guillaume & Zignago, Soledad, 2004. "Notes on BACI (analytical database of international trade). 1989-2002 version," MPRA Paper 32401, University Library of Munich, Germany.
    5. Arvind Subramanian & Martin Kessler, 2013. "The Hyperglobalization of Trade and Its Future," Working Paper Series WP13-6, Peterson Institute for International Economics.
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    Cited by:

    1. Gaulier, Guillaume & Sztulman, Aude & Ünal, Deniz, 2020. "Are global value chains receding? The jury is still out. Key findings from the analysis of deflated world trade in parts and components," International Economics, Elsevier, vol. 161(C), pages 219-236.

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    More about this item

    Keywords

    Unit Values; Trade Prices; Trade Types; Price Ranges;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • F6 - International Economics - - Economic Impacts of Globalization

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    This paper has been announced in the following NEP Reports:

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