IDEAS home Printed from https://ideas.repec.org/a/bla/ecorec/v61y1985i3p667-673.html
   My bibliography  Save this article

Terms of Trade Indices in the Presence of Re‐Export Trade

Author

Listed:
  • P. J. LLOYD
  • R. J. SANDILANDS

Abstract

This paper shows how the index of the commodity terms of trade as ordinarily constructed should be adjusted to take account of re‐exports in the broad sense of the use of intermediate inputs in export activities which had been imported. The neglect of this adjustment produces indices which generally overstate the movement of the terms of trade. An empirical study of Singapore suggests that the bias may be substantial.

Suggested Citation

  • P. J. Lloyd & R. J. Sandilands, 1985. "Terms of Trade Indices in the Presence of Re‐Export Trade," The Economic Record, The Economic Society of Australia, vol. 61(3), pages 667-673, September.
  • Handle: RePEc:bla:ecorec:v:61:y:1985:i:3:p:667-673
    DOI: 10.1111/j.1475-4932.1985.tb02021.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1475-4932.1985.tb02021.x
    Download Restriction: no

    File URL: https://libkey.io/10.1111/j.1475-4932.1985.tb02021.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Ng, S H, 1969. "The Terms of Trade in the Case of Entrepot Trade," The Economic Record, The Economic Society of Australia, vol. 45(110), pages 288-290, June.
    2. S. H. Ng, 1969. "The Terms of Trade in the Case of Entrepôt Trade," The Economic Record, The Economic Society of Australia, vol. 45(2), pages 288-290, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.

      More about this item

      Statistics

      Access and download statistics

      Corrections

      All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:ecorec:v:61:y:1985:i:3:p:667-673. See general information about how to correct material in RePEc.

      If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

      If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

      If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

      For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/esausea.html .

      Please note that corrections may take a couple of weeks to filter through the various RePEc services.

      IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.