The terms of trade for commodities in the twentieth century

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cepal.bibLevelSección o Parte de un Documento
cepal.callNumberX/C 22(79/2003)
cepal.docTypeRevistas
cepal.idSade20196
cepal.topicEngTERMS OF TRADE
cepal.topicSpaTÉRMINOS DE INTERCAMBIO
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaSpaDESARROLLO ECONÓMICO
dc.contributor.authorOcampo, José Antonio
dc.contributor.authorParra, María Angela
dc.date.accessioned2014-01-02T18:43:30Z
dc.date.available2014-01-02T18:43:30Z
dc.date.issued2003-04
dc.descriptionIncludes bibliography
dc.description.abstractThis 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 eight indices reveals a significant deterioration in their barter terms of trade over the years 1900 to 2000. This decline was not continuous, however, nor was it distributed evenly among individual products. As is shown here, 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 the aggregate indices of real raw material prices.
dc.formatTexto
dc.format.extentpáginas. 7-35
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/G.2200-P
dc.identifier.urihttps://hdl.handle.net/11362/10926
dc.language.isoeng
dc.physicalDescriptionp. 7-35
dc.relation.isPartOfCEPAL Review
dc.relation.isPartOfNo79
dc.relation.isPartOfSeriesCEPAL Review
dc.subject.unbisEngCOMMODITIES
dc.subject.unbisEngCOMMODITY PRICES
dc.subject.unbisEngSTATISTICAL METHODOLOGY
dc.subject.unbisEngTERMS OF TRADE
dc.subject.unbisSpaMETODOLOGIA ESTADISTICA
dc.subject.unbisSpaPRECIOS DE PRODUCTOS BASICOS
dc.subject.unbisSpaPRODUCTOS BASICOS
dc.subject.unbisSpaRELACION DE INTERCAMBIO
dc.titleThe terms of trade for commodities in the twentieth century
dc.type.coarrevista
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