OECD Statistics Working Papers
The OECD Statistics Working Paper Series - managed by the OECD Statistics and Data Directorate – is designed to make available in a timely fashion and to a wider readership selected studies prepared by staff in the Secretariat or by outside consultants working on OECD projects. The papers included are of a technical, methodological or statistical policy nature and relate to statistical work relevant to the organisation. The Working Papers are generally available only in their original language - English or French - with a summary in the other.
Joint Working Papers:
Testing the evidence, how good are public sector responsiveness measures and how to improve them? (with OECD Public Governance Directorate)
Measuring Well-being and Progress in Countries at Different Stages of Development: Towards a More Universal Conceptual Framework (with OECD Development Centre)
Measuring and Assessing Job Quality: The OECD Job Quality Framework (with OECD Directorate for Employment, Labour and Social Affairs)
Forecasting GDP during and after the Great Recession: A contest between small-scale bridge and large-scale dynamic factor models (with OECD Economics Directorate)
Decoupling of wages from productivity: Macro-level facts (with OECD Economics Directorate)
Which policies increase value for money in health care? (with OECD Directorate for Employment, Labour and Social Affairs)
Compiling mineral and energy resource accounts according to the System of Environmental-Economic Accounting (SEEA) 2012 (with OECD Environment Directorate)
- ISSN: 18152031 (online)
- https://doi.org/10.1787/18152031
Recent trends in transport and insurance costs and estimates at disaggregated product level
This paper updates the OECD International Transport and Insurance Cost (ITIC) of Merchandise Trade database, which covers more than 180 countries and partners, and over 1000 products from 1995 to 2020. Transport and insurance costs, also known as CIF-FOB margins, are estimated using a gravity model. A cross-validation procedure is used to evaluate model performance. In addition to describing the methodology, the paper highlights that transport and insurance costs are declining as a fraction of trade value, but this reduction has been flattening out in more recent years. However, an alternative measure, the explicit CIF-FOB margins per kilogramme imported, suggests that transport and insurance costs have been actually rising since 2002. Both CIF-FOB margins and cost per kilogramme imported show increases in 2020 when compared to 2019. This is robust to corrections for compositional changes. The methodology is used to produce the International Transport and Insurance Costs of Merchandise Trade data base and the data is made publically available on .Stat under the International Trade and Balance of Payments heading.
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