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Econometric Analysis of Industrial Country Commodity Exports
Author:
Mr. Manmohan S. Kumar
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Series:
IMF Working Papers
Volume/Issue:
Volume 1992: Issue 004
Language:
English
Publication Date:
01 Jan 1992
DOI:
https://doi.org/10.5089/9781451841954.001
ISBN:
9781451841954
ISSN:
1018-5941
Pages:
34
Keywords:
WP; commodity export; developing country; commodity trade; commodity group; UNCTAD commodity yearbook; Group export; commodity share; food commodity; industrial country; commodity exports to Canada; country commodity; intracommodity trade; commodity exports to the United States; Exports; Metals; Export prices; Commodity prices; Australia and New Zealand
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IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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This paper examines the composition of primary commodity exports by industrial countries and contrasts this composition with that of the exports by developing countries. Both the share of industrial countries’ commodity exports in world commodity exports, as well as in their own total merchandize exports, is examined over time and across different commodities and geographical areas. The paper then specifies and empirically estimates an econometric model of the demand for and the supply of commodity exports by industrial countries. The model is estimated for five groups of industrial countries and the parameters of the model are compared with those available for the developing countries.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund