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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w2536 |
来源ID | Working Paper 2536 |
National Price Levels and the Prices of Tradables and Nontradables | |
Irving B. Kravis; Robert E. Lipsey | |
发表日期 | 1988-03-01 |
出版年 | 1988 |
语种 | 英语 |
摘要 | This paper examines changes in national price levels and prices of tradables and nontradables and relates them to changes in variables found earlier to be associated with price level differences among countries. Across countries, national price levels increase systematically with the level of a country's per capita income, and the ratios of tradables to nontradables prices decrease. Over time, increases in per capita income are generally associated with increases in price levels in the industrial countries, although the opposite relationship tended to prevail among developing countries. Increases in income are associated with declines in the ratio of tradables to nontradables price levels more consistently than with the increases in general price levels. Increases in the exchange value of a currency are also associated with declines in the price levels for tradablesrelative to nontradables. Countries with price levels that were high or low relative to those predicted by the structural equations tended to move toward those predicted levels. |
主题 | International Economics ; Econometrics |
URL | https://www.nber.org/papers/w2536 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/559792 |
推荐引用方式 GB/T 7714 | Irving B. Kravis,Robert E. Lipsey. National Price Levels and the Prices of Tradables and Nontradables. 1988. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w2536.pdf(128KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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