Measures of long term trends in world export prices of manufactured goods and in the terms of trade between manufactured goods and primary products are sensitive to the choice of country weights and of base periods and, most important of all, the treatment of quality change. Later base periods...

The purpose of this paper is to contribute some new measurements to t112 discussion of trends in the terms of trade between manufactured goods exports of developed countries and primary product exports of developing countries. The new measures are manufactured goods price indexes that are...

The structure of African exports remains largely as it was in colonial times - heavily concentrated on few primary products. Africa's heavy dependence on primary commodities as source of export earnings has meant that the continent remains vulnerable to market vagaries and weather conditions. On...

Measures of long term trends in world export prices of manufactured goods and in the terms of trade between manufactured goods and primary products are sensitive to the choice of country weights and of base periods and, most important of all, the treatment of quality change. Later base periods...

The purpose of this paper is to contribute some new measurements to t112 discussion of trends in the terms of trade between manufactured goods exports of developed countries and primary product exports of developing countries. The new measures are manufactured goods price indexes that are...

This study observed rapidly rising shares of manufactured and electronic goods in Korea's total exports and a trend decline in Korea's terms of trade over the period of this study (1967-2001), in accordance with the Prebisch-Singer hypothesis. Contrary to the expectation of Prebisch, the...

During the last 40 years since the Prebisch-Singer terms of trade deterioration hypothesis was first proposed, the commodity composition of exports of developing countries has undergone a major change in the direction of dominance of manufactures in their nonfuel exports, with strong growth in...