Abstract

This study examines real export data from two common sources: IMF and UN Commodity Trade Statistics to determine the comparability of these data in level and percentage change form, and if the export-led growth models are robust to the data source. Additionally, the comparability of the data deflated at a disaggregated level data or by a single export unit price index is examined. The results reveal that the data are neither comparable nor in a number of cases, correlated, suggesting that much of the debate regarding export led growth is fuelled by data choice and methodology of deflation.

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