EconPapers    
Economics at your fingertips  
 

The Prebish-Singer hypothesis in the post-colonial era: evidence from panel cointegration

Francesca Di Iorio and Stefano Fachin ()

No 2018/1, DSS Empirical Economics and Econometrics Working Papers Series from Centre for Empirical Economics and Econometrics, Department of Statistics, "Sapienza" University of Rome

Abstract: We test the Prebish-Singer hypothesis that commodity prices tend to decline relatively to manufactured goods prices using a panel cointegration bootstrap test, for the period 1950-2011. We find partial support for the hypothesis, which appears to hold for Food and Non Food agricultural products but not for Metal goods.

Keywords: Prebish-Singer hypothesis; commodity prices; panel cointegration; bootstrap. (search for similar items in EconPapers)
JEL-codes: C22 C33 O13 Q11 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-agr, nep-his and nep-pke
Date: 2018-01
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.dss.uniroma1.it/RePec/sas/wpaper/20181_DIF.pdf First version, 2018 (application/pdf)

Related works:
Journal Article: The Prebish–Singer hypothesis in the post-colonial era: Evidence from panel cointegration (2018) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sas:wpaper:20181

Access Statistics for this paper

More papers in DSS Empirical Economics and Econometrics Working Papers Series from Centre for Empirical Economics and Econometrics, Department of Statistics, "Sapienza" University of Rome Contact information at EDIRC.
Bibliographic data for series maintained by Stefano Fachin ().

 
Page updated 2019-04-21
Handle: RePEc:sas:wpaper:20181