Template-type: ReDIF-Paper 1.0
Author-Name: Ziesemer, Thomas
Author-Email: t.ziesemer@maastrichtuniversity.nl
Author-Workplace-Name: UNU-MERIT, and Maastricht University
Title: From Trends in Commodities and Manufactures to Country Terms of Trade
Abstract: The debate about the Prebisch-Singer thesis has focussed on primary 
	 commodities with some extensions to manufactures. As we think that the 
	 link between the terms of trade and longrun development, growth and 
	 convergence is the ability of exports to enhance investment through 
	 importing capital goods we analyse trends in country terms-of-trade. We 
	 use two data sets. We find that for the poor countries the terms of 
	 trade of goods and services are falling at a rate that is less negative 
	 than for net-barter terms of trade and those found earlier for primary 
	 commodities.
Classification-JEL: B23, F43, O19
Keywords: Prebisch-Singer thesis, country terms-of-trade, long-run development
Series: UNU-MERIT Working Papers
Creation-Date: 2010
Number: 022
File-URL: http://www.merit.unu.edu/publications/wppdf/2010/wp2010-022.pdf
File-Format: application/pdf
File-Size: 275 Kb
Handle: RePEc:unm:unumer:2010022