Whither the terms of trade? an elaboration of the Prebisch-Singer hypothesis

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Whither the terms of trade? an elaboration of the Prebisch-Singer hypothesis

Movements in the prices of primary products and manufactured goods are analysed using a model that introduces differences in wage and price determination between primary production and manufacturing. Wages and prices in primary production are treated as competitively determined, while prices and wag...

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Bibliographic Details
Main Authors:	Bloch, Harry, Sapsford, D.
Format:	Journal Article
Published:	Oxford University Press 2000
Online Access:	http://hdl.handle.net/20.500.11937/47361

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