Quality Change And Other Influences On Measures Of Export Prices Of Manufactured Goods And The Terms Of Trade Between Primary Products And Manufacture
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Quality Change And Other Influences On Measures Of Export Prices Of Manufactured Goods And The Terms Of Trade Between Primary Products And Manufactures
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Author : Robert E. Lipsey
language : en
Publisher:
Release Date : 1994
Quality Change And Other Influences On Measures Of Export Prices Of Manufactured Goods And The Terms Of Trade Between Primary Products And Manufactures written by Robert E. Lipsey and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Exports categories.
Quality Change And Other Influences On Measures Of Export Prices Of Manufactured Goods And The Terms Of Trade Between Primary Products And Manufacture
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Author : Robert E. Lipsey
language : en
Publisher:
Release Date : 1994
Quality Change And Other Influences On Measures Of Export Prices Of Manufactured Goods And The Terms Of Trade Between Primary Products And Manufacture written by Robert E. Lipsey and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with categories.
Measures of long term trends in world export prices of manufactured goods and in the terms of trade between manufactured goods and primary products are sensitive to the choice of country weights and of base periods and, most important of all, the treatment of quality change. Later base periods and higher weights for rapidly growing exporters, such as Japan or the newly industrializing East Asian countries, are associated with lower estimates of the long-term increase in prices. Conservative estimates of the bias in the most commonly used measure of export prices of manufactured products, the United Nations export unit value index for manufactures, suggest that this measure overstates the long-run rise in manufactured goods prices by more than half of one per cent per year, probably one per cent or more. If this is the case, there has been no long term trend toward rising prices of manufactures relative to primary products. However, no conceivable estimate of bias in measures of manufactured goods prices would reverse the picture of declining relative primary product prices during the 1980s
Quality Change And Other Influences On Measures Of Export Prices Of Manufactured Goods
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Author : Robert E. Lipsey
language : en
Publisher: World Bank Publications
Release Date : 1994
Quality Change And Other Influences On Measures Of Export Prices Of Manufactured Goods written by Robert E. Lipsey and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Eksport categories.
Quality Change And Other Influences On Measures Of Export Prices Of Manufactured Goods And The Terms Of Trade Between Primary Products And Manufacture
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Author :
language : en
Publisher:
Release Date : 1994
Quality Change And Other Influences On Measures Of Export Prices Of Manufactured Goods And The Terms Of Trade Between Primary Products And Manufacture written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with categories.
Quality Changes And Other Influences On Measures Of Export Prices Of Manufactured Goods And The Terms Of Trade Between Primary Products And Manufactures
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Author : R. E. Lipsey
language : en
Publisher:
Release Date :
Quality Changes And Other Influences On Measures Of Export Prices Of Manufactured Goods And The Terms Of Trade Between Primary Products And Manufactures written by R. E. Lipsey and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
Measures Of Prices And Price Competitiveness In International Trade In Manufactured Goods
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Author : Robert E. Lipsey
language : en
Publisher:
Release Date : 1990
Measures Of Prices And Price Competitiveness In International Trade In Manufactured Goods written by Robert E. Lipsey and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Exports categories.
The purpose of this paper is to present, and to explain the construction of, a set of price indexes relating to international trade in manufactured goods. These include: 1. Indexes of export prices for the U.S., Germany, and Japan, based on their weights, and indexes of competitors' prices for each of those countries based on the sane set of weights; 2. Indexes of domestic prices for the U.S., Germany, and Japan based on export weights; 3. Indexes for developed country exports of manufactures based on weights of developed country exports of manufactures to developing countries and of total developed country exports of manufactures, and indexes for exports of the U.S., Germany, and Japan on the sane sets of weights. The indexes for developed country exports make use of a method for estimating missing prices that takes account not only of contemporaneous price changes in the same country within the sane community groups, but also of price changes for the particular commodity in other countries. Comparisons are made between movements of domestic and export prices and between price indexes based on weights of early and late base years. In addition, an attempt is made to correct the price indexes for changes in the quality of some manufactured goods not usually taken account of in measures of export or import prices.
Export And Import Price Index Manual Theory And Practice
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2010-04-06
Export And Import Price Index Manual Theory And Practice written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-04-06 with categories.
A joint production by six international organizations, this manual explores the conceptual and theoretical issues that national statistical offices should consider in the daily compilation of export and import price indices. Intended for use by both ...
Prices And Terms Of Trade For Developed Country Exports Of Manufactured Goods
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Author : Robert E. Lipsey
language : en
Publisher:
Release Date : 1985
Prices And Terms Of Trade For Developed Country Exports Of Manufactured Goods written by Robert E. Lipsey and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985 with categories.
The purpose of this paper is to contribute some new measurements to t112 discussion of trends in the terms of trade between manufactured goods exports of developed countries and primary product exports of developing countries. The new measures are manufactured goods price indexes that are derived from price data rather than from unit value data and include some corrections for quality change. Our calculations indicate that the prices of manufactured goods exported by developed countries to developing countries have risen over twenty years or so by 75 per cent, as compared to the 140 per cent shown by the generally used UN unit value indexes. The decline in terms of trade for these goods relative to primary products has been almost 50 per cent over this period. Over tile last hundred years, fluctuations in the terms of trade of manufactured goods relative to primary products !lave been very wide, as far as we can tell from the inadequate measures we have. Impressions about trends have been highly dependent on choices of beginning and end years. There is very little evidence for a long-run trend in either direction
Macroeconomics Trade And Social Welfare
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Author : Michihiro Ohyama
language : en
Publisher: Springer
Release Date : 2016-07-11
Macroeconomics Trade And Social Welfare written by Michihiro Ohyama and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-11 with Business & Economics categories.
This book develops new, original methods of welfare comparison and comparative dynamics between distinct and discretely positioned (rather than continuously related) socioeconomic situations. These methods are not only realistic but also extremely relevant to serious economic problems. Using them, the book sheds illuminating new light on the theoretical analysis of Keynesian economics and other important issues of political economy. For instance, it shows that the principle of effective demand applies exactly as Keynes put it to the unemployment equilibrium in the short run. It also shows that the equilibrium may change along the expansion path as the government chooses to vary its expenditure to maximize national welfare. The same methods are effectively employed theoretically to investigate modern trade policy issues such as gains from trade, the theory of tariffs, free trade agreements, and the role of the WTO. Those methods are also used to study the welfare and efficiency of various socioeconomic situations.
Estimating Real Production And Expenditures Across Nations
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Author :
language : en
Publisher: World Bank Publications
Release Date : 2007
Estimating Real Production And Expenditures Across Nations written by and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Gross domestic product categories.
"From its inception, the Penn World Tables (PWT), building on the International Comparisons Program (ICP) of the United Nations, has sought to compare the standard of living of individuals in different countries. That is, the term "real GDP per capita" as reported in the PWT is intended to represent the ability to purchase goods and services by a representative agent in the economy. The same is true of benchmark comparisons as published by the United Nations, Eurostat, or OECD. But this expenditure-side interpretation of real GDP is quite different from the uses to which benchmark ICP and PWT data are frequently applied, such as in growth regressions, where "real GDP" is intended to reflect the production side of the economy. In this paper the authors propose a new approach to international comparisons of real GDP measured from the output side. They modify the traditional Gary-Khamis system, which measures real GDP from the expenditure side using real domestic expenditure, to include differences in the terms of trade between countries. The analysis shows that this system has a strictly positive solution under mild assumptions. On the basis of a set of domestic final output, import, and export prices and values for 151 countries in 1996, differences between real GDP measured from the expenditure and output side can be substantial, especially for small open economies."