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EU Trade Commissioner praises research of Groningen economists

17 April 2012
The European Commissioner for Trade, Karel de Gucht expressed his praise for a research project by three economists from the University of  Groningen, on Monday 16 April at a conference in Brussels. Thanks to the research of Marcel Timmer, Bart Los and Erik Dietzenbacher it is now possible to reliably measure international trade, which can be of great importance for (European) policy.
 
One of the first analyses of the Groningen research for example, shows that a result of the new calculation method the EU's trade deficit with China declines by 36 percent. The traditional trade statistics provide only a limited view of the complex trade networks that were created by globalization.

 

More information

www.wiod.org or Professor Marcel Timmer , tel. (0031 50) 363 3653.

Last modified:15 September 2017 3.28 p.m.
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