Merchandise Imports

Lawrence H. Officer ()
Additional contact information
Lawrence H. Officer: University of Illinois at Chicago

Chapter Chapter 7 in A New Balance of Payments for the United States, 1790–1919, 2021, pp 133-146 from Palgrave Macmillan

Abstract: Abstract The basic conventional series is again modified official statistics. For purpose of a uniform f.o.b. valuation, imports are divided into three components. Ad-valorem imports are corrected for legal overvaluation, Treasury undervaluation of the British pound, overvaluation of manufactured commodities, and home valuation. Duty-free imports are considered to be recorded f.o.b. Specific-duty imports are corrected for official valuation between f.o.b. and c.i.f. Corrections are also made for underestimations due to exclusion of transport costs within the foreign country, underinvoicing, and smuggling.

Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:psichp:978-3-030-66099-4_7

Ordering information: This item can be ordered from
http://www.palgrave.com/9783030660994

DOI: 10.1007/978-3-030-66099-4_7

Access Statistics for this chapter

More chapters in Palgrave Studies in American Economic History from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().