The long-run behaviour of the terms of trade between primary commodities and manufactures : a panel data approach
This paper examines the Prebisch and Singer hypothesis using a panel of twenty-four commodity prices from 1900 to 2010. The modelling approach stems from the need to meet two key concerns: (i) the presence of cross-sectional dependence among commodity prices; and (ii) the identification of potential...
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| Format: | article |
| Language: | eng |
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2018
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| Online Access: | http://hdl.handle.net/10400.5/15700 |
| Country: | Portugal |
| Oai: | oai:www.repository.utl.pt:10400.5/15700 |