Unit roots, flexible trends, and the Prebisch-Singer hypothesis
نویسندگان
چکیده
منابع مشابه
The Origins and Interpretation of the Prebisch-Singer Thesis
The Prebisch-Singer thesis is generally taken to be the proposition that the net barter terms of trade between primary products (raw materials) and manufactures have been subject to a long-run downward trend. The publication dates of the first two works in English that expounded the thesis were nearly simultaneous. In May 1950, the English version of The Economic Development of Latin America an...
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ژورنال
عنوان ژورنال: Journal of Development Economics
سال: 2018
ISSN: 0304-3878
DOI: 10.1016/j.jdeveco.2017.11.005