The terms of trade for commodities in the twentieth century
Includes bibliography
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2014
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oai-11362-109262020-03-04T19:57:23Z The terms of trade for commodities in the twentieth century Ocampo, José Antonio Parra, María Angela METODOLOGIA ESTADISTICA PRECIOS DE PRODUCTOS BASICOS PRODUCTOS BASICOS RELACION DE INTERCAMBIO COMMODITIES COMMODITY PRICES STATISTICAL METHODOLOGY TERMS OF TRADE Includes bibliography 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 eight indices reveals a significant deterioration in their barter terms of trade over the years 1900 to 2000. This decline was not continuous, however, nor was it distributed evenly among individual products. As is shown here, the far-reaching changes that the world economy underwent around 1920 and again around 1980 led to a stepwise deterioration which, over the long term, was reflected in a decline of nearly 1% per year in the aggregate indices of real raw material prices. 2014-01-02T18:43:30Z 2014-01-02T18:43:30Z 2003-04 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/10926 LC/G.2200-P en CEPAL Review CEPAL Review 79 application/pdf |
institution |
Cepal |
collection |
Cepal |
language |
English |
topic |
METODOLOGIA ESTADISTICA PRECIOS DE PRODUCTOS BASICOS PRODUCTOS BASICOS RELACION DE INTERCAMBIO COMMODITIES COMMODITY PRICES STATISTICAL METHODOLOGY TERMS OF TRADE |
spellingShingle |
METODOLOGIA ESTADISTICA PRECIOS DE PRODUCTOS BASICOS PRODUCTOS BASICOS RELACION DE INTERCAMBIO COMMODITIES COMMODITY PRICES STATISTICAL METHODOLOGY TERMS OF TRADE Ocampo, José Antonio Parra, María Angela The terms of trade for commodities in the twentieth century |
description |
Includes bibliography |
format |
Texto |
author |
Ocampo, José Antonio Parra, María Angela |
author_facet |
Ocampo, José Antonio Parra, María Angela |
author_sort |
Ocampo, José Antonio |
title |
The terms of trade for commodities in the twentieth century |
title_short |
The terms of trade for commodities in the twentieth century |
title_full |
The terms of trade for commodities in the twentieth century |
title_fullStr |
The terms of trade for commodities in the twentieth century |
title_full_unstemmed |
The terms of trade for commodities in the twentieth century |
title_sort |
terms of trade for commodities in the twentieth century |
publishDate |
2014 |
url |
http://hdl.handle.net/11362/10926 |
work_keys_str_mv |
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_version_ |
1718440149130412032 |