Long-run commodity prices, economic growth and interest rates: 17th century to the present day
(2016)
Journal Article
Harvey, D. I., Kellard, N. M., Madsen, J. B., & Wohar, M. E. (in press). Long-run commodity prices, economic growth and interest rates: 17th century to the present day. World Development, 89, https://doi.org/10.1016/j.worlddev.2016.07.012
A significant proportion of the trade basket of many developing countries is comprised of primary commodities. This implies relative price movements in commodities may have important consequences for economic growth and poverty reduction. Taking a lo... Read More about Long-run commodity prices, economic growth and interest rates: 17th century to the present day.