A new perspective on an Old Debate: is Prebish-Singer's thesis still valid?
DOI:
https://doi.org/10.11606/1413-8050/ea133870Palabras clave:
Globalization – Economic Development, Empirical Studies of Trade, Trade PolicyResumen
This article aims to discuss if the Prebisch-Singer Thesis, applied to contemporary international trade features, is still valid. Therefore, the paper presented the original hypothesis and tested the trend of terms of tradebetweenthecommoditiesanddifferenttypesofmanufacturedproductsfor the period1977to 2011. The study concludes that, despitethe recent rise in commodities price, prices of manufactured goods of medium and high technology also grew, remaining the long-term trend deterioration of the terms of tradeDescargas
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2016-06-01
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Silva, J. C. A. de L. e, Prado, L. C. D., & Torracca, J. F. (2016). A new perspective on an Old Debate: is Prebish-Singer’s thesis still valid?. Economia Aplicada, 20(2), 203-226. https://doi.org/10.11606/1413-8050/ea133870