Economics at your fingertips  

Misinvoicing in mineral trade: what do we really know?

Olle Östensson ()
Additional contact information
Olle Östensson: University of Dundee

Mineral Economics, 2018, vol. 31, issue 1, 77-86

Abstract: Abstract The present paper reviews studies of trade misinvoicing by three organizations. One of them is general in nature and does not address directly the issue of trade misinvoicing of minerals. One arrives at some conclusions which are difficult to check but which seem to indicate that misinvoicing is of major importance in African mineral trade. The third arrives at similar conclusions and contains detailed data that make it possible to check the accuracy of the claims. The review shows that the studies suffer from important weaknesses: elementary checks of data have not been carried out and any anomaly is considered proof of illicit capital flows without any further investigation. Thus, while we do not really know much with any certainty about the significance of misinvoicing in mineral trade, we do know that the published estimates are gross exaggerations. The organizations responsible for the estimates would be well advised to have future publications peer-reviewed by external reviewers.

Keywords: Misinvoicing; Illicit capital flows; Commodity trade; Minerals trade (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:

Ordering information: This journal article can be ordered from

Access Statistics for this article

Mineral Economics is currently edited by Magnus Ericsson and Patrik Söderholm

More articles in Mineral Economics from Springer, Raw Materials Group (RMG), Luleå University of Technology
Bibliographic data for series maintained by Sonal Shukla ().

Page updated 2019-04-09
Handle: RePEc:spr:minecn:v:31:y:2018:i:1:d:10.1007_s13563-018-0141-3