The Prebish–Singer hypothesis in the post-colonial era: Evidence from panel cointegration
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DOI: 10.1016/j.econlet.2018.02.026
Abstract: Abstract We test the hypothesis that commodity prices tend to decline relatively to manufactured goods prices using a panel cointegration bootstrap test. The hypothesis does not hold for 1950–1980, and it does for 1950–2011 for… read more here.
Keywords: hypothesis; singer hypothesis; panel cointegration; prebish singer ... See more keywords
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