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Inaccuracy in foreign trade statistics of LDCs: The case of the ASEAN area

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Intereconomics

Abstract

The foreign trade statistics of developing countries are relatively abundant and generally considered more reliable than data on their national accounts. This study reports the results of an accuracy test applied to export and import data from five developing countries (Indonesia, Malaysia, the Philippines, Singapore and Thailand), all members of ASEAN, a grouping which offers a particularly interesting sample of developing countries for this type of investigation.

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References

  1. B. Wawn: The Economies of the ASEAN Countries: Indonesia, Malaysia, Philippines, Singapore and Thailand, London 1982.

  2. Since 1963, Indonesia no longer publishes official statistics on its trade with Singapore; trade between these two countries has therefore been excluded from the test.

  3. IMF: Direction of Trade Statistics, 1980.

  4. S. Naya, T. Morgan: The Accuracy of International Trade Data: The Case of Southeast Asian Countries, in: Journal of the American Statistical Association, June 1969, pp. 452–467.

  5. See also Lie Siao Sing: Singapore Trade Statistics, in: Singapore Statistical Bulletin, Vol. 14, No. 1, 1975; Ng Hean Weng: External Trade: Trend, Composition and Direction, in: Yon Pok Seng, Lim Chong Yah (eds.): The Singapore Economy, Singapore 1971.

  6. Cf. D. C. Newton: ASEAN Co-operation in Import Procurement, UNCTAD Doc. ST/ECDC/11, 1978.

  7. Cf. IMF, op. cit. IMF: Direction of Trade Statistics, 1980.

  8. M. Kostecki, D. Seck: Treasury Revenue and Foreign Trade Taxation, in: Weltwirtschaftliches Archiv, Vol. 118, No. 8, 1981, pp. 166–173.

  9. M. Tymowski: ASEAN Trade Development and Cooperation: Reconciliation and Standardization of the Foreign Trade Statistics of ASEAN Member States, UNCTAD Document/ECDC/48, Project RAS/77/015, Geneva 1980.

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Authors and Affiliations

  1. Université de Motréal, Montréal

    M. Kostecki

  2. UNCTAD Secretariat, Geneva

    M. Tymowski

Authors
  1. M. Kostecki
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  2. M. Tymowski
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The facts and opinions put forward in this study are the sole responsibility of the authors and do not necessarily reflect the views of the UNCTAD Secretariat.

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Kostecki, M., Tymowski, M. Inaccuracy in foreign trade statistics of LDCs: The case of the ASEAN area. Intereconomics 19, 197–201 (1984). https://doi.org/10.1007/BF02928336

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  • DOI: https://doi.org/10.1007/BF02928336

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