Econometric Analysis of Industrial Country Commodity Exports

Author/Editor:

Manmohan S. Kumar

Publication Date:

January 1, 1992

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

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.

Series:

Working Paper No. 1992/004

Subject:

Commodities Commodity prices Commodity trade Export prices Exports International trade Metals Prices

Notes:

Examines composition of primary commodity exports by industrial countries and contrasts this composition with that of exports by developing countries.

English

Publication Date:

January 1, 1992

ISBN/ISSN:

9781451841954/1018-5941

Stock No:

WPIEA0041992

Pages:

34

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