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Persistent link: https://www.econbiz.de/10003815455
A Third World data base documenting commodity and factor prices 1870-1940 has been collected, yielding annual time series on wage/rental ratios, land/labor ratios, the terms of trade, and other explanatory variables for: Argentina, Burma, Egypt, Japan, Korea, the Punjab, Taiwan, Thailand and...
Persistent link: https://www.econbiz.de/10012470966
Poor countries are more volatile than rich countries, and we know this volatility impedes their growth. We also know that commodity price volatility is a key source of those shocks. This paper explores commodity and manufactures price over the past three centuries to answer three questions: Has...
Persistent link: https://www.econbiz.de/10012764828
A Third World data base documenting commodity and factor prices 1870-1940 has been collected, yielding annual time series on wage/rental ratios, land/labor ratios, the terms of trade, and other explanatory variables for: Argentina, Burma, Egypt, Japan, Korea, the Punjab, Taiwan, Thailand and...
Persistent link: https://www.econbiz.de/10013234038
Poor countries are more volatile than rich countries, and we know this volatility impedes their growth. We also know that commodity price volatility is a key source of those shocks. This paper explores commodity and manufactures price over the past three centuries to answer three questions: Has...
Persistent link: https://www.econbiz.de/10012463899
Persistent link: https://www.econbiz.de/10003845747
Persistent link: https://www.econbiz.de/10003845768
Persistent link: https://www.econbiz.de/10003458868
Persistent link: https://www.econbiz.de/10003996411
trade forces produced rising primary product specialization and de-industrialization in the poor periphery. More recently …, modern economists argue that volatility reduces growth in the poor periphery. This paper assess these de … did not do so in the poor periphery. Given that the secular terms of trade boom in the poor periphery was much bigger over …
Persistent link: https://www.econbiz.de/10003676239