Estimates of undervalued import of EU Countries and the U.S. from the Democratic Republic of Congo during 2000–2010

Jack Cathey; Keejae P. Hong; Simon J. Pak

doi:10.1080/08853908.2017.1377650

Estimates of undervalued import of EU Countries and the U.S. from the Democratic Republic of Congo during 2000–2010

Jack Cathey, Keejae P. Hong, Simon J. Pak

Management Division (Great Valley)

Research output: Contribution to journal › Article › peer-review

1 Scopus citations

Abstract

This study estimates the degree of trade mispricing in the form of undervalued import from the Democratic Republic of Congo (DRC) to the European Union (EU) and the U.S. between 2000 and 2010 based on a method using an inter-quartile price-filter approach. The study estimates that the undervalued amount of EU import from the DRC is €9.95 billion, exceeding the declared total import value of €8.06 billion. Almost all of the underpricing in the EU import from the DRC, 98% of the undervalued amount, is through underpriced non-industrial diamonds imported by Belgium and cobalt ore and mattes imported by Finland.

Original language	English (US)
Pages (from-to)	116-128
Number of pages	13
Journal	International Trade Journal
Volume	32
Issue number	1
DOIs	https://doi.org/10.1080/08853908.2017.1377650
State	Published - Jan 1 2018

All Science Journal Classification (ASJC) codes

Business and International Management
Economics, Econometrics and Finance(all)

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10.1080/08853908.2017.1377650

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abstract = "This study estimates the degree of trade mispricing in the form of undervalued import from the Democratic Republic of Congo (DRC) to the European Union (EU) and the U.S. between 2000 and 2010 based on a method using an inter-quartile price-filter approach. The study estimates that the undervalued amount of EU import from the DRC is €9.95 billion, exceeding the declared total import value of €8.06 billion. Almost all of the underpricing in the EU import from the DRC, 98% of the undervalued amount, is through underpriced non-industrial diamonds imported by Belgium and cobalt ore and mattes imported by Finland.",

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Estimates of undervalued import of EU Countries and the U.S. from the Democratic Republic of Congo during 2000–2010

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