Trends in commodity terms-of-trade since 1970 are estimated for a sizable sample of countries. The predominant pattern for developing countries is that of negative trends, but there is some improvement since 1980, and an increase in the share of manufactures in exports appears helpful. The...

Purpose – The purpose of this paper is to extend the existing literature on cross‐country disparities by providing measures of cross‐country inequality in human development index (HDI) and real income per capita over the 30‐year period 1975‐2004. Design/methodology/approach – A...

THE COMMENT BY EDWARDS AND MCGUIRK (2004) HAS numerous significant flaws. These include: (1) an incomplete understanding of the paper by Chang and Ram (2000), (2) lack of familiarity with development data sets and the vast literature on cross-country studies of inequality and growth, and (3) an...

Purpose – The purpose of this paper is to provide a comparison of data on real (purchasing‐power‐parity – PPP) gross domestic product (GDP) per capita recently released by International Comparison Program (ICP) with the numbers reported in World Development Indicators (WDI) and Penn...