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Testing for trends in the terms of trade between primary commodities and manufactured goods

✍ Scribed by George P. Zanias


Book ID
116633577
Publisher
Elsevier Science
Year
2005
Tongue
English
Weight
125 KB
Volume
78
Category
Article
ISSN
0304-3878

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Trend in the international terms of trad
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Movements in the terms of trade between primary producers and manufacturers are analyzed using a model that introduces the influence of relative wage movements in the primary and manufacturing sectors as well as the influence of mark-up pricing in manufacturing. The model is estimated using data on