Re-testing Prebisch–Singer hypothesis: new evidence using Fourier quantile unit root test
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DOI: 10.1080/00036846.2017.1332751
Abstract: ABSTRACT The Prebisch–Singer hypothesis in economics asserts that over time the relative price of primary goods relative to manufactured goods should experience a downward trend. To test the hypothesis, we must first establish the unit… read more here.
Keywords: test; unit root; prebisch singer; hypothesis ... See more keywords