Commodity Terms of Trade

Commodity Terms of Trade PDF Author: Bertrand Gruss
Publisher: International Monetary Fund
ISBN: 1484396421
Category : Business & Economics
Languages : en
Pages : 38

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Book Description
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.

Commodity Terms of Trade

Commodity Terms of Trade PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451873522
Category : Business & Economics
Languages : en
Pages : 36

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Book Description
We compile a historical dataset covering nearly 40 years of booms and busts in the commodity terms of trade of over 150 countries. We discuss the characteristics of these events and their effects on macroeconomic performance and, in particular, compare the most recent commodity-price cycle with its historical precedents.

Commodity Terms of Trade :h[electronic Resource]

Commodity Terms of Trade :h[electronic Resource] PDF Author: Nikola Spatafora
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 35

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Book Description
"We compile a historical dataset covering nearly 40 years of booms and busts in the commodity terms of trade of over 150 countries. We discuss the characteristics of these events and their effects on macroeconomic performance and, in particular, compare the most recent commodity-price cycle with its historical precedents."--Abstract.

Trading on Their Terms? Commodity Exporters in the Aftermath of the Commodity Boom

Trading on Their Terms? Commodity Exporters in the Aftermath of the Commodity Boom PDF Author: Aqib Aslam
Publisher: International Monetary Fund
ISBN: 1498338216
Category : Business & Economics
Languages : en
Pages : 49

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Book Description
Commodity prices have declined sharply over the past three years, and output growth has slowed considerably among countries that are net exporters of commodities. A critical question for policy makers in these economies is whether commodity windfalls influence potential output. Our analysis suggests that both actual and potential output move together with commodity terms of trade, but that actual output comoves twice as strongly as potential output. The weak commodity price outlook is estimated to subtract 1 to 21⁄4 percentage points from actual output growth annually on average during 2015-17. The forecast drag on potential output is about one-third of that for actual output.

Terms of Trade

Terms of Trade PDF Author: Alan V. Deardorff
Publisher: World Scientific
ISBN: 9814518603
Category : Political Science
Languages : en
Pages : 616

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Book Description
Have you ever wondered what a term in international economics means? This useful reference book offers a glossary of terms in both international trade and international finance, with emphasis on economic issues. It is intended for students getting their first exposure to international economics, although advanced students will also find it useful for some of the more obscure terms that they have forgotten or never encountered. Besides an extensive glossary of terms that has been expanded about 50% from the first edition, there is a picture gallery of diagrams used to explain key concepts such as the Edgeworth Production Box and the Offer Curve Diagram in international economics. This section is followed by over 30 lists of terms that occur a lot in international economics, grouped by subject to help users find terms that they cannot recall. Prior to an enlarged bibliography is an expanded section on the origins of terms in international economics, which records what the author has been able to learn about the origins of some of the terms used in international economics. This is a must-have portable glossary in international trade and international economics!. Sample Chapter(s). Glossary of Terms in International Economics (1,370 KB). Contents: Glossary of Terms in International Economics: A-Z; 0OCo9; Picture Gallery: Edgeworth Production Box; Integrated World Economy Diagram; IS-LM-BP Diagram; Lerner Diagram; Offer Curve Diagram; Specific-Factors Model; Tariff in Partial Equilibrium; Trade and Transformation Curve Diagram; Lists of Terms in International Economics by Subject: Arguments for Protection; Central Banks; Countertrade; Country Groups; Crises; Development Banks; Effects; Empirical Findings; Exchange Regimes; Fragmentation: Terms and Types; GATT and WTO Ministerials; GATT Articles; Indexes; International Classification Systems; International Commodity Agreements and Organizations; Memberships; Models; Nontariff Barriers; Other Nontariff Measures; Paradoxes and Puzzles; Preferential Trading Arrangements; Product-Specific Agreements, Institutions, and Conflicts; Regional Commissions for Economic and Social Development; Spanish Acronyms in International Economics; Techniques of Analysis; Terms of Trade Definitions; Theoretical Propositions; Trade Disputes; Trade Ministries; Trade Rounds; UNCTAD Meetings; United Nations Organizations; United States Government Units (Dealing with International Economic Matters); Origins of Certain Key Terms in International Economics. Readership: Undergraduates and graduate students in international economics; government and industry personnel related to international economics and finance."

Commodity Prices and Markets

Commodity Prices and Markets PDF Author: Takatoshi Ito
Publisher: University of Chicago Press
ISBN: 0226386899
Category : Business & Economics
Languages : en
Pages : 346

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Book Description
Fluctuations of commodity prices, most notably of oil, capture considerable attention and have been tied to important economic effects. This book advances our understanding of the consequences of these fluctuations, providing both general analysis and a particular focus on the countries of the Pacific Rim.

Returning to an Eternal Debate

Returning to an Eternal Debate PDF Author: José Antonio Ocampo
Publisher: United Nations Publications
ISBN:
Category : Business & Economics
Languages : en
Pages : 56

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Book Description


Instability in the Terms of Trade of Primary Commodities, 1900-1982

Instability in the Terms of Trade of Primary Commodities, 1900-1982 PDF Author: Pasquale L. Scandizzo
Publisher: Food & Agriculture Org.
ISBN: 9789251025314
Category : Business & Economics
Languages : en
Pages : 248

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Book Description


IMF Working Papers

IMF Working Papers PDF Author: Irina Tytell
Publisher:
ISBN:
Category : Electronic books
Languages : en
Pages :

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Book Description


Commodity Terms of Trade

Commodity Terms of Trade PDF Author: International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781451917741
Category : Business & Economics
Languages : en
Pages : 34

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Book Description
We compile a historical dataset covering nearly 40 years of booms and busts in the commodity terms of trade of over 150 countries. We discuss the characteristics of these events and their effects on macroeconomic performance and, in particular, compare the most recent commodity-price cycle with its historical precedents.