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A smooth ride: Terms of trade, volatility and GDP growth

✍ Scribed by Arthur Grimes

Book ID
113470078
Publisher
Elsevier Science
Year
2006
Tongue
English
Weight
450 KB
Volume
17
Category
Article
ISSN
1049-0078

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The net barter terms of trade: A smooth
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✍ Anna Persson; Timo TerΓ€svirta πŸ“‚ Article πŸ“… 2003 πŸ› John Wiley and Sons 🌐 English βš– 192 KB

## 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