Analyzing Food Price Trends in the Context of Engel’s Law and the Prebisch-Singer Hypothesis
Income growth in emerging economies has often been cited as a key driver of the past decade’s com-modity price boom—the longest and broadest boom since World War II. This paper shows that income has a negative and highly significant effect on real...
| Main Authors: | , |
|---|---|
| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2015
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2015/09/25093870/analyzing-food-price-trends-context-engel’s-law-prebisch-singer-hypothesis http://hdl.handle.net/10986/22843 |