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A New Approach to the Measurement of Terms-of-Trade Effects

✍ Scribed by G. Stuvel

Book ID
125752042
Publisher
MIT Press
Year
1956
Tongue
English
Weight
523 KB
Volume
38
Category
Article
ISSN
0034-6535

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## Abstract This paper analyses the net barter terms of trade measured by the primary commodity price index relative to the indexes of unit values of export of manufactures from industrial countries. The starting point is that the series is stationary but possibly non‐linear. Statistical tests indi