Returning to an external debate: the terms of trade for commodities in the twentieth century

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cepal.bibLevelDocumento Completo
cepal.callNumberINT UN/EC 93(5/2003)
cepal.callNumberLC/L.1813-P
cepal.docTypeSeries
cepal.idSade12103
cepal.jobNumberS03142 E
cepal.physicalDescriptiondiagramas, tablas
cepal.regionalOfficeSantiago
cepal.saleNumber03.II.G.16
cepal.topicEngTERMS OF TRADE
cepal.topicEngPRICES
cepal.topicSpaTÉRMINOS DE INTERCAMBIO
cepal.topicSpaPRECIOS
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaEngSTATISTICS
cepal.workareaSpaDESARROLLO ECONÓMICO
cepal.workareaSpaESTADÍSTICAS
dc.contributor.authorOcampo, José Antonio
dc.contributor.authorParra, María Angela
dc.contributor.entityNU. CEPAL
dc.date.accessioned2014-01-02T16:52:01Z
dc.date.available2014-01-02T16:52:01Z
dc.date.issued2003-02
dc.descriptionIncludes bibliography
dc.description.abstractAbstract This paper looks at the evolution of the terms of trade between commodities and manufactures in the twentieth century. A statistical analysis of the relative price series for 24 commodities and of eight indices reveals a significant deterioration in their barter terms of trade over the course of the twentieth century. This decline was neither continuous, nor was it distributed evenly among individual products, however. The data show that the far-reaching changes that the world economy underwent around 1920 and again around 1980 led to a stepwise deterioration which, over the long term, was reflected in a decline of nearly 1% per year in aggregate real prices for raw materials.
dc.formatTexto
dc.format.extent50 páginas.
dc.format.mimetypeapplication/pdf
dc.identifier.isbn9211213835
dc.identifier.unSymbolLC/L.1813-P
dc.identifier.urihttps://hdl.handle.net/11362/7797
dc.language.isoeng
dc.physicalDescription50 p. : diagrs., tabls.
dc.publisherECLAC
dc.publisher.placeSantiago
dc.relation.isPartOfSeriesSerie Informes y Estudios Especiales
dc.relation.isPartOfSeriesNo5
dc.rights.coarDisponible
dc.subject.unbisEngCOMMODITY PRICES
dc.subject.unbisEngSTATISTICAL METHODOLOGY
dc.subject.unbisSpaMETODOLOGIA ESTADISTICA
dc.subject.unbisSpaPRECIOS DE PRODUCTOS BASICOS
dc.titleReturning to an external debate: the terms of trade for commodities in the twentieth century
dc.type.coarlibro
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