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Trading on Their Terms?
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Published on 2016 by

Commodity prices have declined sharply over the past three years, and output growth has slowed considerably among countries that are net exporters of commodities. A critical question for policy makers in these economies is whether commodity windfalls influence potential output. Our analysis suggests that both actual and potential output move together with commodity terms of trade, but that actual output comoves twice as strongly as potential output. The weak commodity price outlook is estimated to subtract 1 to 21⁄4 percentage points from actual output growth annually on average during 2015-17. The forecast drag on potential output is about one-third of that for actual output.--Abstract.

This Book was ranked at 23 by Google Books for keyword Commodity.

Book ID of Trading on Their Terms?'s Books is B3YdygEACAAJ, Book which was written by have ETAG "VZKskjaF0MQ"

Book which was published by since 2016 have ISBNs, ISBN 13 Code is 9781498338158 and ISBN 10 Code is 1498338151

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