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Terms of Trade und Trading Gain

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  • Wolfgang Nierhaus

Abstract

In addition to real gross domestic product, the German Federal Statistics Office also calculates the real value of gross domestic product. Both key indicators differ in the terms-of-trade effect. This article offers an overview of the key deflators of terms-of-trade effects and presents the results for 1992 to 2014.

Suggested Citation

  • Wolfgang Nierhaus, 2015. "Terms of Trade und Trading Gain," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 68(09), pages 16-20, May.
    • Handle: RePEc:ces:ifosdt:v:68:y:2015:i:09:p:16-20
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    File URL: https://www.ifo.de/DocDL/ifosd_2015_09_2.pdf
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    References listed on IDEAS

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    1. Mick Silver & Khashayar Mahdavy, 1989. "The Measurement of a Nation's Terms of Trade Effect and Real National Disposable Income Within a National Accounting Framework," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 152(1), pages 87-107, January.
    2. Gutmann, Pierre, 1981. "The Measurement of Terms of Trade Effects," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 27(4), pages 433-453, December.
    3. Wolfgang Nierhaus, 2000. "Real income in the new European System of Accounts," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 53(04), pages 07-13, February.
    4. Pierre Gutmann, 1981. "The Measurement Of Terms Of Trade Effects," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 27(4), pages 433-453, December.
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    Cited by:

    1. Wolfgang Nierhaus, 2016. "Real Value of Gross Domestic Product and Terms of Trade: Results for 2015," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 69(04), pages 60-64, February.

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    More about this item

    JEL classification:

    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems

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