A new perspective on an Old Debate: is Prebish-Singer's thesis still valid?

Authors

  • Julio Castro Alves de Lima e Silva Universidade Federal do Rio de Janeiro. Instituto de Economia
  • Luiz Carlos Delorme Prado Universidade Federal do Rio de Janeiro. Instituto de Economia
  • Julia Ferreira Torracca Universidade Federal do Rio de Janeiro. Instituto de Economia

DOI:

https://doi.org/10.11606/1413-8050/ea133870

Keywords:

Globalization – Economic Development, Empirical Studies of Trade, Trade Policy

Abstract

This article aims to discuss if the Prebisch-Singer Thesis, applied to contemporary international trade features, is still valid. Therefore, the paper presented the original hypothesis and tested the trend of terms of tradebetweenthecommoditiesanddifferenttypesofmanufacturedproductsfor the period1977to 2011. The study concludes that, despitethe recent rise in commodities price, prices of manufactured goods of medium and high technology also grew, remaining the long-term trend deterioration of the terms of trade

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Author Biographies

  • Julio Castro Alves de Lima e Silva, Universidade Federal do Rio de Janeiro. Instituto de Economia
    Doutorando do Instituto de Economia da UFRJ
  • Luiz Carlos Delorme Prado, Universidade Federal do Rio de Janeiro. Instituto de Economia
    Professor do Instituto de Economia da UFRJ
  • Julia Ferreira Torracca, Universidade Federal do Rio de Janeiro. Instituto de Economia
    Doutoranda do Instituto de Economia da UFRJ

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Published

2016-06-01

Issue

Vol. 20 No. 2 (2016)

Section

Papers

How to Cite

Silva, J. C. A. de L. e, Prado, L. C. D., & Torracca, J. F. (2016). A new perspective on an Old Debate: is Prebish-Singer’s thesis still valid?. Economia Aplicada, 20(2), 203-226. https://doi.org/10.11606/1413-8050/ea133870