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The Relative Volatility of Commodity Prices; A Reappraisal

Arezki, Rabah; Lederman, Daniel; Zhao, Hongyan - International Monetary Fund (IMF) - 2011

This paper studies the volatility of commodity prices on the basis of a large dataset of monthly prices observed in international trade data from the United States over the period 2002 to 2011. The conventional wisdom in academia and policy circles is that primary commodity prices are more...

Persistent link: https://www.econbiz.de/10009370560

Productivity Trends in India's Manufacturing Sectors in the Last Two Decades

Unel, Bulent - International Monetary Fund (IMF) - 2003

's (registered) manufacturing sectors during the 1980s and 1990s. The main findings of the paper are (i) labor and total factor … productivity (TFP) growth in total manufacturing and many of the component sectors since 1980 were markedly higher than that in the … manufacturing as well as for many subsectors picked up further after the 1991 reforms; and (iii) classification of the best …

Persistent link: https://www.econbiz.de/10005599517