El Nino and World Primary Commodity Prices : Warm Water or Hot Air? /

This paper examines the historical effects of the El Nino-Southern Oscillation (ENSO) cycle on world prices and economic activity. The analysis indicates that ENSO has economically-important and statistically-significant effects on world real commodity prices. A one-standard-deviation positive surpr...

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Bibliografische gegevens
Hoofdauteur: Brunner, Allan
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2000.
Reeks:IMF Working Papers; Working Paper ; No. 2000/203
Online toegang:Full text available on IMF