2) They are based on detailed COMTRADE data - commodity by commodity and using import-export country pairs, rather than balance of payments.
I'd like to see what the potential losses in different categories look like with different modelling assumptions on the transport costs -- how robust are they? But all in all a lot of improvement in the methodology.
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Its not quite so clear in the Nigeria case - again they focus detailed analysis on import underinvoicing (absolute numbers driven by small margins on large volumes of vehicle imports). But import underinvoicing is not the biggest category in Nigeria...what is the export story?pic.twitter.com/t2gX52TCWc
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Kudos to
@GFI_Tweets for working to address the methodological issues and improve the estimates (they could publish the underlying data and calculations too!)Show this thread
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