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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w9940 |
来源ID | Working Paper 9940 |
The Terms of Trade and Economic Growth in the Periphery 1870-1938 | |
Christopher Blattman; Jason Hwang; Jeffrey G. Williamson | |
发表日期 | 2003-09-01 |
出版年 | 2003 |
语种 | 英语 |
摘要 | The contending fundamental determinants of growth -- institutions, geography and culture --exhibit far more persistence than do the growth rates they are supposed to explain. So, what exogenous shocks might account for the variance around those persistent fundamentals? The terms of trade seems to be one good place to look. Using a panel data base for 35 countries, this paper estimates the impact of terms of trade volatility and secular change between 1870 and 1938. We find that volatility was much more important than secular change. Additionally, both effects were asymmetric between core and periphery, findings that speak directly to the terms of trade debates that have raged since Prebisch and Singer wrote more than 50 years ago. |
主题 | International Economics ; Trade ; History ; Macroeconomic History |
URL | https://www.nber.org/papers/w9940 |
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/567565 |
推荐引用方式 GB/T 7714 | Christopher Blattman,Jason Hwang,Jeffrey G. Williamson. The Terms of Trade and Economic Growth in the Periphery 1870-1938. 2003. |
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 | ||
w9940.pdf(315KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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