Testing the Prebisch-Singer Hypothesis since 1650 : Evidence from Panel Techniques that Allow for Multiple Breaks /

In this paper, we re-examine two important aspects of the dynamics of relative primary commodity prices, namely the secular trend and the short run volatility. To do so, we employ 25 series, some of them starting as far back as 1650 and powerful panel data stationarity tests that allow for endogenou...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Arezki, Rabah
अन्य लेखक: Hadri, Kaddour, Loungani, Prakash, Rao, Yao
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2013.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2013/180
ऑनलाइन पहुंच:Full text available on IMF