This paper aims to study the dynamics of the long term price series of primary commodities, with special attention to agricultural ones. Based on a previous study of Scandizzo and Diakosavvas (1991), and by making use of the time series used by this study and subsequently updated by Grilli and Yang (1988) and by Pfaffenzeller et al. (2007), we analyze the evolution the of the primary and manufactured price series from 1900 to present.

Scandizzo, P.l., Savastano, S., Vezzani, A. (2010). The deterministic and speculative component of the terms of trade of primary commodities: an eclectic real option value approach. In 114th Seminar, April 15-16, 2010, Berlin, Germany 61086, European Association of Agricultural Economists (pp.1-32). Berlin : European Association of Agricultural Economists.

The deterministic and speculative component of the terms of trade of primary commodities: an eclectic real option value approach

SCANDIZZO, PASQUALE LUCIO;SAVASTANO, SARA;
2010-07-02

Abstract

This paper aims to study the dynamics of the long term price series of primary commodities, with special attention to agricultural ones. Based on a previous study of Scandizzo and Diakosavvas (1991), and by making use of the time series used by this study and subsequently updated by Grilli and Yang (1988) and by Pfaffenzeller et al. (2007), we analyze the evolution the of the primary and manufactured price series from 1900 to present.
Structural change in agriculture: modeling policy impacts and farm strategies: EAAE Seminar
Berlin
2010
114
European association of agricultural economists
Rilevanza internazionale
contributo
15-apr-2010
2-lug-2010
Settore SECS-P/02 - POLITICA ECONOMICA
English
primary commodities; prices; terms of trade; volatility; long term; trends.
http://purl.umn.edu/61086
Intervento a convegno
Scandizzo, P.l., Savastano, S., Vezzani, A. (2010). The deterministic and speculative component of the terms of trade of primary commodities: an eclectic real option value approach. In 114th Seminar, April 15-16, 2010, Berlin, Germany 61086, European Association of Agricultural Economists (pp.1-32). Berlin : European Association of Agricultural Economists.
Scandizzo, Pl; Savastano, S; Vezzani, A
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/2108/12697
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