Variable: World Trade Uncertainty Index

QoG Code: (wui_wtui)


Dataset: World Uncertainty Index

Description:

World Trade Uncertainty Index (WTUI) is constructed by counting the number of times uncertainty (and its variants) is mentioned, in proximity to a word related to trade, in the EIU country report. Specifically, the authors looked at the following words: protectionism, North American Free Trade Agreement (NAFTA), tariff, trade, United Nations Conference on Trade and Development (UNCTAD), and World Trade Organization (WTO).

Examples of texts referring to trade uncertainty include: “uncertainty over the renegotiation of the North American Free Trade Agreement”, and “market uncertainty over future trade policy will weigh on investor sentiment”. As for the main index, they scale the index per thousand of words.

Type of variable: Continuous

Downloaded by QoG on: 2023-10-20
Last updated by source: 2023-10-13


Categories:

Public Economy


Find this variable in:

OECD Cross-section - 2024 OECD Time-series - 2024 Standard Cross-section - 2024 Standard Time-series - 2024 Original Dataset

Details of this variable in our compilations datasets
Dataset No. Countries
Standard cross-section: 142
Standard time-series: 150
OECD cross-section: 35
OECD time-series: 37


This variable has information for these countries:

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This variable has information from the year 1946 to the year 2023