This paper explores the intricate relationship between profit rates, exchange rates, and terms of trade in the Brazilian economy from 2000 to 2023. Building on Weisskopf's (1979) decomposition of the profit rate, we demonstrate how exchange rates and terms of trade affect profit share, the...

We study the effect of warehouse receipt financing on terms of trade for farmers. With limited access to credit and storage facilities, farmers are compelled to sell their produce immediately after harvest at unfavourable prices. Warehouse receipt systems allow farmers to obtain loans with the...

Purpose - Utilizing the Marxist theory of unequal exchange to explain the terms of trade between nations, this paper elucidates one possible mechanism that gives rise to ecologically unequal exchange between developed and developing economies. Design/methodology/approach - We propose a...

Im Gefolge der Preisrückgänge für importierte Rohstoffe hat Deutschland im vergangenen Jahr erhebliche Realeinkommensgewinne eingefahren. Vom preisbereinigten Bruttoinlandsprodukt (BIP), das zeitgleich leicht gesunken ist, wird dieser Kaufkraftzuwachs nicht abgebildet. Einen umfassenderen...