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

Research output: Contribution to journalArticlepeer-review

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 languageEnglish (US)
Pages (from-to)116-128
Number of pages13
JournalInternational Trade Journal
Volume32
Issue number1
DOIs
StatePublished - Jan 1 2018

All Science Journal Classification (ASJC) codes

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

Fingerprint Dive into the research topics of 'Estimates of undervalued import of EU Countries and the U.S. from the Democratic Republic of Congo during 2000–2010'. Together they form a unique fingerprint.

Cite this