Since 2014
The Terms of Trade Debate. A Critical Review
Economic Analysis Review
View Archive Info| Field | Value | |
| Title |
The Terms of Trade Debate. A Critical Review
The Terms of Trade Debate. A Critical Review |
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| Creator |
Cole Bowles, Julio
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| Subject |
—
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| Description |
The Terms of Trade Debate. A Critical Review
The notion of a secular decline in the terms of trade of primary producing countries is a persistent theme in the public discussion of the problems of developing areas, and has been advanced most forcefully in the writtings of Raul Prebisch. A cceptance of such views is implicit in most critiques of the international economic order. However, upon reviewing the literature and available evidence, it is argued that such views are untenable, based as they are upon a faulty interpretation of the welfare implications of movements in the commodity or net barter terms of trade, an uncritical appraisal of the statistical biases involved in terms of trade estimates, and an overly selective survey of actual historical price trends. |
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| Publisher |
Universidad Alberto Hurtado - Facultad de Economía y Negocios
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| Date |
2010-03-15
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — — |
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| Format |
application/pdf
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| Identifier |
http://www.rae-ear.org/index.php/rae/article/view/309
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| Source |
Revista de Análisis Económico - Economic Analysis Review; Vol 1, No 1 (1986); 65-77
Revista de Análisis Económico – Economic Analysis Review; Vol 1, No 1 (1986); 65-77 0718-8870 0716-5927 |
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| Language |
eng
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| Relation |
http://www.rae-ear.org/index.php/rae/article/view/309/371
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