Search Results - subject:"COMMODITY PRICES"

Commodity prices, wages, and U.S. inflation in the twentieth century

BLOCH, HARRY; DOCKERY, A. MICHAEL; SAPSFORD, DAVID - In: Journal of Post Keynesian Economics 26 (2004) 3, pp. 523-545

We consider the impact of primary commodity prices and wages on U.S. inflation in the context of markup pricing. We … estimate separate equations for world commodity prices, wage rates, and domestic finished goods prices using annual data for … 1900 to 2001. We find complete pass-through of commodity prices and wages into inflation of finished goods prices, with …

Persistent link: https://www.econbiz.de/10005750055

THE TERMS OF TRADE FOR COMMODITIES IN THE TWENTIETH CENTURY

Ocampo, Jose Antonio; Parra, Maria Angela - EconWPA - 2004

This paper looks at the evolution of the terms of trade between commodities and manufactures in the twentieth century. A statistical analysis of the relative price series for 24 commodities and of eight indices reveals a significant deterioration in their barter terms of trade over the course of...

Persistent link: https://www.econbiz.de/10005119305

Simple and extended Kalman filters : an application to term structure of commodity prices

Galli, Alain; Lautier, Delphine - Université Paris-Dauphine (Paris IX) - 2004

Persistent link: https://www.econbiz.de/10010707879

Econometric Analysis of Industrial Country Commodity Exports

Kumar, Manmohan S. - International Monetary Fund (IMF) - 1992

This paper examines the composition of primary commodity exports by industrial countries and contrasts this composition with that of the exports by developing countries. Both the share of industrial countries’ commodity exports in world commodity exports, as well as in their own total...

Persistent link: https://www.econbiz.de/10005263890

Liberalization of the Capital Account; Experiences and Issues

Mathieson, Donald J.; Rojas-Suárez, Liliana - International Monetary Fund (IMF) - 1992

This paper reviews the experience with capital controls in industrial and developing countries, considers the policy issues raised when the effectiveness of capital controls diminishes, examines the medium-term benefits and costs of an open capital account, and analyzes the policy measures that...

Persistent link: https://www.econbiz.de/10005263934

The Export Performance of Sub-Saharan Africa, 1970-19+L69390: A Survey

Greene, Joshua E. - International Monetary Fund (IMF) - 1992

The export performance of Sub-Saharan Africa has lagged behind that of developing countries in other regions for the past two decades, and total export proceeds have fallen significantly since 1980. Many factors explain this outcome, including continued concentration in slowly-growing non-fuel...

Persistent link: https://www.econbiz.de/10005264058

Simple and extended Kalman filters : an application to term structure of commodity prices

Galli, Alain; Lautier, Delphine - Université Paris-Dauphine (Paris IX) - 2003

Persistent link: https://www.econbiz.de/10010707155

A model of commodity prices after Sir Arthur Lewis

Deaton, Angus; Laroque, Guy - Research Program in Development Studies, Woodrow Wilson … - 2002

We develop an idea from Arthur Lewis’ paper on unlimited supplies of labor to model the longrun behavior of the prices of primary commodity produced by poor countries. Commodity supply is assumed infinitely elastic in the long run, and the rate of growth of supply responds to the excess of the...

Persistent link: https://www.econbiz.de/10011150201

The North-South terms of trade debate: a re-examination

Sarkar, Prabirjit - In: Progress in Development Studies 1 (2001) 4, pp. 309-327

Contrary to the classical proposition, the works of Prebisch and Singer launched the controversial hypothesis of long-term decline in the terms of trade of primary products vis-à-vis manufactures and a corresponding decline in the terms of trade of the South vis-à-vis the North. The present...

Persistent link: https://www.econbiz.de/10011138759

Commodity-Specific Effects of the Conservation Reserve Program

Hertel, Thomas W.; Preckel, Paul V. - In: Journal of Agricultural Economics Research (1988) 3

raise the bid price for CRP land as much as 7 percent. The estimated effect on commodity prices is modest and depends …

Persistent link: https://www.econbiz.de/10010910536