Advanced Search

Journal Navigation

Journal Home

Subscriptions

Archive

Contact Us

Table of Contents

Development Theory 2nd Edition, Jan Nederveen Pieterse

Sign In to gain access to subscriptions and/or personal tools.
Progress in Development Studies
This Article
Right arrow Full Text (PDF)
Right arrow References
Right arrow Alert me when this article is cited
Right arrow Alert me if a correction is posted
Right arrow Citation Map
Services
Right arrow Email this article to a friend
Right arrow Similar articles in this journal
Right arrow Alert me to new issues of the journal
Right arrow Add to Saved Citations
Right arrow Download to citation manager
Right arrow Add to My Marked Citations
Citing Articles
Right arrow Citing Articles via HighWire
Right arrow Citing Articles via Google Scholar
Right arrow Citing Articles via Scopus
Google Scholar
Right arrow Articles by Sarkar, P.
Right arrow Search for Related Content
Social Bookmarking
 Add to CiteULike   Add to Complore   Add to Connotea   Add to Del.icio.us   Add to Digg   Add to Reddit   Add to Technorati   Add to Twitter  
What's this?

The North-South terms of trade debate: a re-examination

Prabirjit Sarkar

Rabindra Bharati University, Calcutta, India, Prabirjit{at}yahoo.com, Prabirjitsarkar{at}hotmail.com

Contrary to the classical proposition, the works of Prebisch and Singer launched the controversial hypothesis of long-term decline in the terms of trade of primary products vis-à-vis manufactures and a corresponding decline in the terms of trade of the South vis-à-vis the North. The present study traces the origin and evolution of the hypothesis and reviews the related statistical debate. It concludes that the empirical base of the Prebisch-Singer hypothesis is much stronger than it appeared in earlier decades. Reviewing some of the North-South models, the study also finds theoretical support for the Prebisch-Singer hypothesis.

Key Words: commodity prices • North-South trade • Prebisch-Singer hypothesis • terms of trade • unequal exchange • uneven development

Progress in Development Studies, Vol. 1, No. 4, 309-327 (2001)
DOI: 10.1177/146499340100100403


Add to CiteULike CiteULike   Add to Complore Complore   Add to Connotea Connotea   Add to Del.icio.us Del.icio.us   Add to Digg Digg   Add to Reddit Reddit   Add to Technorati Technorati   Add to Twitter Twitter    What's this?


This article has been cited by other articles:


Home page
Progress in Development StudiesHome page
P. Sarkar
Rising manufacture exports and terms of trade: the case study of Korea
Progress in Development Studies, April 1, 2005; 5(2): 83 - 88.
[Abstract] [PDF]


Home page
Review of Radical Political EconomicsHome page
R. Ram
Trends in Developing Countries' Commodity Terms-of-Trade since 1970
Review of Radical Political Economics, June 1, 2004; 36(2): 241 - 253.
[Abstract] [PDF]