Monetary crisis and commodity markets
نویسندگان
چکیده
منابع مشابه
Imperfect Markets and Commodity Prices Under Demand Pull
This paper presents a theoretical view of imperfect market. It concludes that an increase in the price of products does not give any incentive to increasing production which shows the mechanism for upward trends in prices.
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Exploiting the historical variations in the structure of the international co ee bean market, I separately identify the e ects of an international cartel agreement and the emergence of a fringe exporting country on the market power and the commodity's price. The results suggest that, of the 75-percent drop in the real co ee price between 1988 and 2001, the cartel's breakdown explains 49 points ...
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ژورنال
عنوان ژورنال: Intereconomics
سال: 1972
ISSN: 0020-5346,1613-964X
DOI: 10.1007/bf02929145