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Departure months and discrepancy in mirror trade data

Author

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  • Hayakawa, Kazunobu

Abstract

This study highlights the role of departure months of shipping and the discrepancies in mirror trade statistics. Specifically, we conjecture that trade values are recorded in different years between export and import statistics when exports leave the port of origin in the latter months of the year because exports arrive at the port of destination in the following year. To empirically examine this hypothesis, we investigate exports from Japan to the world. The study findings show that, first, the import statistics are likely missing in the export year when exports occur in November or December and, second, the probability of such missing statistics is higher when exports occur via the sea. These findings have various implications for empirical analysis in trade.

Suggested Citation

  • Hayakawa, Kazunobu, 2020. "Departure months and discrepancy in mirror trade data," IDE Discussion Papers 795, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    • Handle: RePEc:jet:dpaper:dpaper795
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    File URL: https://ir.ide.go.jp/?action=repository_action_common_download&item_id=51851&item_no=1&attribute_id=22&file_no=1
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    Citations

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    Cited by:

    1. Kazunobu Hayakawa & Kohei Imai, 2022. "Who sends me face masks? Evidence for the impacts of COVID‐19 on international trade in medical goods," The World Economy, Wiley Blackwell, vol. 45(2), pages 365-385, February.
    2. Hayakawa, Kazunobu & Mukunoki, Hiroshi, 2021. "The impact of COVID-19 on international trade: Evidence from the first shock," Journal of the Japanese and International Economies, Elsevier, vol. 60(C).
    3. Iwona Markowicz & Pawel Baran, 2021. "Mirror data asymmetry in international trade by commodity group:the case of intra-Community trade," Oeconomia Copernicana, Institute of Economic Research, vol. 12(4), pages 889-905, December.

    More about this item

    Keywords

    Mirror trade data; Discrepancy; Japan; International trade;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations

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