Returning to an external debate: the terms of trade for commodities in the twentieth century

Includes bibliography

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Autores principales: Ocampo, José Antonio, Parra, María Angela
Otros Autores: NU. CEPAL
Formato: Texto
Lenguaje:English
Publicado: ECLAC 2014
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Acceso en línea:http://hdl.handle.net/11362/7797
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spelling oai-11362-77972020-03-04T19:57:23Z Returning to an external debate: the terms of trade for commodities in the twentieth century Ocampo, José Antonio Parra, María Angela NU. CEPAL METODOLOGIA ESTADISTICA PRECIOS DE PRODUCTOS BASICOS COMMODITY PRICES STATISTICAL METHODOLOGY Includes bibliography Abstract 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 the twentieth century. This decline was neither continuous, nor was it distributed evenly among individual products, however. The data show that 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 aggregate real prices for raw materials. 2014-01-02T16:52:01Z 2014-01-02T16:52:01Z 2003-02 Texto Documento Completo 9211213835 http://hdl.handle.net/11362/7797 LC/L.1813-P en Serie Informes y Estudios Especiales 5 application/pdf ECLAC
institution Cepal
collection Cepal
language English
topic METODOLOGIA ESTADISTICA
PRECIOS DE PRODUCTOS BASICOS
COMMODITY PRICES
STATISTICAL METHODOLOGY
spellingShingle METODOLOGIA ESTADISTICA
PRECIOS DE PRODUCTOS BASICOS
COMMODITY PRICES
STATISTICAL METHODOLOGY
Ocampo, José Antonio
Parra, María Angela
Returning to an external debate: the terms of trade for commodities in the twentieth century
description Includes bibliography
author2 NU. CEPAL
author_facet NU. CEPAL
Ocampo, José Antonio
Parra, María Angela
format Texto
author Ocampo, José Antonio
Parra, María Angela
author_sort Ocampo, José Antonio
title Returning to an external debate: the terms of trade for commodities in the twentieth century
title_short Returning to an external debate: the terms of trade for commodities in the twentieth century
title_full Returning to an external debate: the terms of trade for commodities in the twentieth century
title_fullStr Returning to an external debate: the terms of trade for commodities in the twentieth century
title_full_unstemmed Returning to an external debate: the terms of trade for commodities in the twentieth century
title_sort returning to an external debate: the terms of trade for commodities in the twentieth century
publisher ECLAC
publishDate 2014
url http://hdl.handle.net/11362/7797
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AT parramariaangela returningtoanexternaldebatethetermsoftradeforcommoditiesinthetwentiethcentury
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