02022cas a2200253 a 4500 AALejournalIMF019007 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484393857 1018-5941 BD-DhAAL BD-DhAAL Gruss, Bertrand. Commodity Terms of Trade : A New Database / Bertrand Gruss, Suhaib Kebhaj. Washington, D.C. : International Monetary Fund, 2019. 1 online resource (38 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper presents a comprehensive database of country-specific commodity price indices for 182 economies covering the period 1962-2018. For each country, the change in the international price of up to 45 individual commodities is weighted using commodity-level trade data. The database includes a commodity terms-of-trade index-which proxies the windfall gains and losses of income associated with changes in world prices-as well as additional country-specific series, including commodity export and import price indices. We provide indices that are constructed using, alternatively, fixed weights (based on average trade flows over several decades) and time-varying weights (which can account for time variation in the mix of commodities traded and the overall importance of commodities in economic activity). The paper also discusses the dynamics of commodity terms of trade across country groups and their influence on key macroeconomic aggregates. Mode of access: Internet Kebhaj, Suhaib. IMF Working Papers; Working Paper ; No. 2019/021 Full text available on IMF http://elibrary.imf.org/view/journals/001/2019/021/001.2019.issue-021-en.xml IMF e-Library