04613oam 22010094 450 991096056680332120250426110515.0978661284411997814623365931462336590978128284411712828441139781451873528145187352297814527389631452738963(CKB)3170000000055354(SSID)ssj0000940090(PQKBManifestationID)11571942(PQKBTitleCode)TC0000940090(PQKBWorkID)10946634(PQKB)11110364(OCoLC)649521828(MiAaPQ)EBC1608836(IMF)WPIEE2009205(IMF)WPIEA2009205WPIEA2009205(EXLCZ)99317000000005535420020129d2009 uf 0engurcn|||||||||txtccrCommodity Terms of Trade : The History of Booms and Busts1st ed.Washington, D.C. :International Monetary Fund,2009.34 p. illIMF Working Papers"September 2009."9781451917741 1451917740 Intro -- Contents -- I. Introduction -- II. The Commodity Terms of Trade -- III. Identifying Commodity Booms and Busts -- IV. The Consequences of Commodity Booms and Busts -- V. Conclusions -- VI. References -- Tables -- 1. The Distribution of Booms Across Periods and Regions: Some Summary Statistics -- 2. The Distributions of Busts Across Periods and Regions: Some Summary Statistics -- 3. Descriptive Tests of Amplitude and Duration of Booms and Busts -- 4. The Most Recent Episodes of Booms and Busts -- 5. Macroeconomic Performance During Booms and Busts -- 6. Comparative Tests of Macroeconomic Performance During Booms and Busts -- 7. Macroeconomic Performance in the Latest Boom Relative to the Past -- Figures -- 1. Commodity Price Aggregates -- 2. Commodity Terms of Trade -- 3. Commodity Terms of Trade by Region -- 4. Commodity Terms of Trade: Fuel Exporters -- 5. Commodity Terms of Trade: Non-Fuel Commodity Exporters -- 6. Commodity Terms of Trade: Other Countries -- 7. Commodity Prices and Terms of Trade: Venezuela -- 8. Commodity Prices and Terms of Trade Papua New Guinea -- 9. Commodity Prices and Terms of Trade Mauritius -- 10. The Number of Countries Experiencing Booms and Busts in the Commodity Terms of Trade.We compile a historical dataset covering nearly 40 years of booms and busts in the commodity terms of trade of over 150 countries. We discuss the characteristics of these events and their effects on macroeconomic performance and, in particular, compare the most recent commodity-price cycle with its historical precedents.IMF Working Papers; Working Paper ;No. 2009/205PricesTerms of tradeEconometric modelsBusiness cyclesEconometric modelsBusiness cyclesimfCommercial productsimfCommoditiesimfCommodity boomsimfCommodity MarketsimfCommodity price fluctuationsimfCommodity pricesimfEconomic growthimfInvestment & securitiesimfInvestments: CommoditiesimfInvestments: EnergyimfMacroeconomicsimfPricesimfPrices, Business Fluctuations, and Cycles: General (includes Measurement and Data)imfPapua New GuineaimfPrices.Terms of tradeEconometric models.Business cyclesEconometric models.Business cyclesCommercial productsCommoditiesCommodity boomsCommodity MarketsCommodity price fluctuationsCommodity pricesEconomic growthInvestment & securitiesInvestments: CommoditiesInvestments: EnergyMacroeconomicsPricesPrices, Business Fluctuations, and Cycles: General (includes Measurement and Data)338.5;338.52International Monetary Fund.Research Dept.DcWaIMFBOOK9910960566803321Commodity Terms of Trade4371701UNINA