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of China's economic activity has a significant bearing on commodity prices, but that the impact differs across commodity … prices. The size of the impact on the prices of specific commodities varies with China's footprint in the market for those …
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integrated economy the terms of trade will display the same negative trend. Assuming that globalization would make the world …
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We extend Jurado et al. (2015)'s forecast-error-based uncertainty measure to the international context, and construct a new measure of global uncertainty. We examine dynamic causal effects among global uncertainty and other global macroeconomic variables, and provide two important applications...
Persistent link: https://www.econbiz.de/10012908344
commodity-oriented countries. Therefore, the study of the impact of world commodity prices on the dynamics of economic growth of … tools is an urgent task. The purpose of the study is the impact of volatility and the level of world commodity prices on … simultaneous accounting of the level of world commodity prices and their volatility, allows us to empirically evaluate the …
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decade. This would dampen global commodity prices. Despite an expected slowdown in its growth rate, China would likely remain …
Persistent link: https://www.econbiz.de/10011902836
Commodity price volatility remains a crucial development challenge of commodity-dependent countries of the Global South. Drawing on structural development economics' concerns with commodity price volatility and stabilisation, this article calls for the integration of price-setting into the...
Persistent link: https://www.econbiz.de/10012149001