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Real and Monetary Determinants of Non-Oil Primary Commodity Price Movements

In: Distribution, Effective Demand and International Economic Relations

Author

Listed:
  • Enzo R. Grilli
  • Maw-cheng Yang
  • A. Quadrio-Curzio
  • Paolo Sylos Labini

Abstract

Global and sectoral primary commodity price movements since World War II have been subjected to relatively few systematic analyses. Those available usually concentrate on a sub-period (especially the past ten years), and are geared either towards the explanation of a particular commodity cycle or cycles (Radetzki (1974), Cooper and Lawrence (1975)), or towards commodity price forecasting (Ray and Timm (1980) and OECD (1981)). We are only aware of three quantitative analyses of global and sectoral commodity price movements over the past three decades: one by IMF, one by World Bank and one by Bank of England staff (Goreux, 1975, draft; Grilli, 1975, draft; and Enoch and Panič, 1981).

Suggested Citation

  • Enzo R. Grilli & Maw-cheng Yang & A. Quadrio-Curzio & Paolo Sylos Labini, 1983. "Real and Monetary Determinants of Non-Oil Primary Commodity Price Movements," Palgrave Macmillan Books, in: J. A. Kregel (ed.), Distribution, Effective Demand and International Economic Relations, chapter 4, pages 115-155, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-17177-4_4
    DOI: 10.1007/978-1-349-17177-4_4
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