Value and the Distribution of Commodities
Author | : Warren Atkinson |
Publisher | : |
Total Pages | : 76 |
Release | : 1903 |
Genre | : Commercial products |
ISBN | : |
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Author | : Warren Atkinson |
Publisher | : |
Total Pages | : 76 |
Release | : 1903 |
Genre | : Commercial products |
ISBN | : |
Author | : Charles Enos Artman |
Publisher | : New York : Columbia University Press |
Total Pages | : 180 |
Release | : 1926 |
Genre | : Farm produce |
ISBN | : |
Author | : Mr.Rabah Arezki |
Publisher | : International Monetary Fund |
Total Pages | : 23 |
Release | : 2011-12-01 |
Genre | : Business & Economics |
ISBN | : 1463925964 |
This paper studies the volatility of commodity prices on the basis of a large dataset of monthly prices observed in international trade data from the United States over the period 2002 to 2011. The conventional wisdom in academia and policy circles is that primary commodity prices are more volatile than those of manufactured products, even though most of the existing evidence does not actually attempt to measure the volatility of prices of individual goods or commodities. Rather the literature tends to focus on trends in the evolution and volatility of ratios of price indexes composed of multiple commodities and products. This approach can be misleading. Indeed, the evidence presented in this paper suggests that on average prices of individual primary commodities may be less volatile than those of individual manufactured goods.
Author | : Herbert Joseph Davenport |
Publisher | : Theclassics.Us |
Total Pages | : 224 |
Release | : 2013-09 |
Genre | : |
ISBN | : 9781230336053 |
This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1908 edition. Excerpt: ... CHAPTER XV INTEREST (concluded) To discuss economic problems in terms of price rather than of value, to place the emphasis upon money rather than upon the things that money will buy, to talk of nominal rather than of real wages, is commonly accepted as the mark of superficial thinking; that price is a mere half-way house between value and value or between utility and utility has come to mean that it is for most theoretical purposes no house at all. It is nevertheless important to appreciate how much of modern economic life woud be different, and how much of economic theory would require reformulation, were there no money and no money price. The problem reaches even so far, indeed, as to have raised the question whether, without a money denominator, the value problem would be possible of solution. What would be the theoretical situation were there no conventional standard and medium? It is at any rate evident that, at no matter what inconvenience, there would be barter enough in this moneyless society; division and specialization of employment would obtain very much as under present conditions; recognized value relations would establish themselves between such classes of goods as in considerable measure were exchanged against each other, and under some sort of arbitrage these relations would acquire a considerable degree of definiteness. That is to say, value relations would exist essentially as at present, but all this without any price system. But would there exist no medium of exchange? No. Or, rather, there would be not one medium but an indefinite number of media; for by trading and retrading, possessors of commodities for exchange would finally place themselves in command of commodities exchangeable against the particular...
Author | : M. A. H. Dempster |
Publisher | : CRC Press |
Total Pages | : 725 |
Release | : 2015-11-05 |
Genre | : Business & Economics |
ISBN | : 1498712339 |
Since a major source of income for many countries comes from exporting commodities, price discovery and information transmission between commodity futures markets are key issues for continued economic development.This book covers the fundamental theory of and derivatives pricing for major commodity markets as well as the interaction between commodi
Author | : J. E. Woods |
Publisher | : Introduction to Sraffa |
Total Pages | : 345 |
Release | : 1990-01 |
Genre | : Business & Economics |
ISBN | : 9780333436295 |
This is a chapter by chapter explanation of the work which served as a basis for a critique of the marginal theory of value and distribution - Production of Commodities by means of Commodities by the economist, Sraffa.
Author | : Craig Pirrong |
Publisher | : Cambridge University Press |
Total Pages | : 238 |
Release | : 2011-10-31 |
Genre | : Business & Economics |
ISBN | : 1139501976 |
Commodities have become an important component of many investors' portfolios and the focus of much political controversy over the past decade. This book utilizes structural models to provide a better understanding of how commodities' prices behave and what drives them. It exploits differences across commodities and examines a variety of predictions of the models to identify where they work and where they fail. The findings of the analysis are useful to scholars, traders and policy makers who want to better understand often puzzling - and extreme - movements in the prices of commodities from aluminium to oil to soybeans to zinc.
Author | : James B. Jefferys |
Publisher | : Cambridge University Press |
Total Pages | : 471 |
Release | : 2011-09-15 |
Genre | : Business & Economics |
ISBN | : 1107602742 |
This 1950 book is one of a series of National Institute of Economic and Social Research studies regarding the structure of the British economy.
Author | : G. L. Levett |
Publisher | : CUP Archive |
Total Pages | : 468 |
Release | : 1950 |
Genre | : Marketing |
ISBN | : |
Author | : Lawrence J. Gitman |
Publisher | : |
Total Pages | : 732 |
Release | : 2018 |
Genre | : Business |
ISBN | : 9781947172555 |
Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond.