Commodity and Manufactures Prices in the Long Run /
The low level of primary commodity prices since 1985 is examined in the context of the behavior of those prices relative to prices of manufactured goods since 1854. The Prebisch-Singer hypothesis of a secular decline in relative commodity prices is sustained, but the recent decline is shown to be we...
| 1. autor: | |
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| Format: | Czasopismo |
| Język: | English |
| Wydane: |
Washington, D.C. :
International Monetary Fund,
1991.
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| Seria: | IMF Working Papers; Working Paper ;
No. 1991/047 |
| Dostęp online: | Full text available on IMF |