Journal of Official Statistics, Vol.8, No.2, 1992. pp. 223–233
Miscellanea, Measuring Advanced Technology Products Trade: A New Approach
Robert H. McGuckin, Thomas A. Abbott, Paul Herrick, and Leroy Norfolk
Abstract:Existing procedures used to construct high technology trade statistics do not provide an accurate picture of international trade in these products because of the level of aggregation used in their construction. Many low technology products are included in published trade statistics for high technology industries. In order to provide policy-makers with improved information on high technology trade, the U.S. Census Bureau now publishes monthly trade statistics on advanced technology products (ATP). This paper discusses the methodology used to define the Census Bureau ATP measure and contrasts it with the existing procedures.
Keywords:High technology trade; trade balance; ATP; DOC3.
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