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The terms of trade and private savings: empirical evidence with a structural approach

✍ Scribed by Matsubayashi, Yoichi

Book ID
127061038
Publisher
Taylor and Francis Group
Year
2002
Tongue
English
Weight
176 KB
Volume
9
Category
Article
ISSN
1350-4851

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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