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Concording of EU trade and production data over time

Author

Listed:
  • Ilke Van Beveren

    (National Bank of Belgium, Research Department
    Lessius Department of Business Studies
    KULeuven CES
    KULeuven LICOS)

  • Andrew B. Bernard

    (Tuck School of Business at Dartmouth
    CEPR
    NBER)

  • Hylke Vandenbussche

    (National Bank of Belgium, Research Department
    IRES-CORE, Université Catholique de Louvain
    LICOS
    CEPR)

Abstract

This paper provides concordance procedures for product-level trade and production data in the EU and examines the implications of changing product classifications on measured product adding and dropping at Belgian firms. Using the algorithms developed by Pierce and Schott (2012a, 2012b), the paper develops concordance procedures that allow researchers to trace changes in coding systems over time and to translate product-level production and trade data into a common classification that is consistent both within a single year and over time. Separate procedures are created for the eight-digit Combined Nomenclature system used to classify international trade activities at the product level within the European Union as well as for the eight-digit Prodcom categories used to classify products in European domestic production data. The paper further highlights important differences in coverage between the Prodcom and Combined Nomenclature classifications which need to be taken into account when generating combined domestic production and international trade data at the product level. The use of consistent product codes over time results in less product adding and dropping at continuing firms in the Belgian export and production data.

Suggested Citation

  • Ilke Van Beveren & Andrew B. Bernard & Hylke Vandenbussche, 2012. "Concording of EU trade and production data over time," Working Paper Research 239, National Bank of Belgium.
    • Handle: RePEc:nbb:reswpp:201212-239
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    File URL: https://www.nbb.be/doc/ts/publications/wp/wp239en.pdf
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    References listed on IDEAS

    as
    1. Colantone, Italo & Crinò, Rosario, 2014. "New imported inputs, new domestic products," Journal of International Economics, Elsevier, vol. 92(1), pages 147-165.
    2. Andrew B Bernard & Emily J Blanchard & Ilke Van Beveren & Hylke Vandenbussche, 2019. "Carry-Along Trade," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 86(2), pages 526-563.
    3. Méjean, Isabelle & Schwellnus, Cyrille, 2009. "Price convergence in the European Union: Within firms or composition of firms?," Journal of International Economics, Elsevier, vol. 78(1), pages 1-10, June.
    4. Justin Pierce & Peter Schott, 2009. "Concording U.S. Harmonized System Categories Over Time," Working Papers 09-11, Center for Economic Studies, U.S. Census Bureau.
    5. Luis J. Álvarez & Emmanuel Dhyne & Marco Hoeberichts & Claudia Kwapil & Hervé Le Bihan & Patrick Lünnemann & Fernando Martins & Roberto Sabbatini & Harald Stahl & Philip Vermeulen & Jouko Vilmunen, 2006. "Sticky Prices in the Euro Area: A Summary of New Micro-Evidence," Journal of the European Economic Association, MIT Press, vol. 4(2-3), pages 575-584, 04-05.
    6. Andrew B. Bernard & Stephen J. Redding & Peter K. Schott, 2010. "Multiple-Product Firms and Product Switching," American Economic Review, American Economic Association, vol. 100(1), pages 70-97, March.
    7. Catherine Fuss & Linke Zhu, 2012. "Comparative advantage, multi-product firms and trade liberalisation : An empirical test," Working Paper Research 219, National Bank of Belgium.
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    More about this item

    Keywords

    Prodcom; Combined Nomenclature; Harmonized System; concordance; exports; imports;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access

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    Access and download statistics

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