Tracking Trade from Space : An Application to Pacific Island Countries /

This paper proposes an easy-to-follow approach to track merchandise trade using vessel data and applies it to Pacific island countries. Pacific islands rely heavily on imports and maritime transport for trade. They are also highly vulnerable to climate change and natural disasters that pose risks to...

Полное описание

Библиографические подробности
Главный автор: Arslanalp, Serkan
Другие авторы: Koepke, Robin, Verschuur, Jasper
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2021.
Серии:IMF Working Papers; Working Paper ; No. 2021/225
Предметы:
Online-ссылка:Full text available on IMF
Описание
Итог:This paper proposes an easy-to-follow approach to track merchandise trade using vessel data and applies it to Pacific island countries. Pacific islands rely heavily on imports and maritime transport for trade. They are also highly vulnerable to climate change and natural disasters that pose risks to ports and supply chains. Using satellite-based vessel tracking data from the UN Global Platform, we construct daily indicators of port and trade activity for Pacific island countries. The algorithm significantly advances estimation techniques of previous studies, particularly by employing ways to overcome challenges with the estimation of cargo payloads, using detailed information on shipping liner schedules to validate port calls, and applying country-specific information to define port boundaries. The approach can complement and help fill gaps in official data, provide early warning signs of turning points in economic activity, and assist policymakers and international organizations to monitor and provide timely responses to shocks (e.g., COVID-19).
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Объем:1 online resource (40 pages)
Формат:Mode of access: Internet
ISSN:1018-5941
Доступ:Electronic access restricted to authorized BRAC University faculty, staff and students