The distributive impact of terms of trade shocks (English)

The halving of oil prices, which happened in a short period between late 2014 and the first months of 2015, has generated major terms of trade losses for oil exporting countries. Even if the oil producing sector normally employs a small group of workers and oil export revenues tend to be concentrated in a few firms and in government accounts, these relative price changes have economy-wide effects and significant distributive impacts. This paper describes...

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Author

Bussolo,Maurizio;

Luongo,Patrizia;
Document Date
2017/03/29
Document Type
Policy Research Working Paper
Report Number
WPS8016
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2017/03/29
Disclosure Status
Disclosed
Doc Name
The distributive impact of terms of trade shocks
Keywords
oil

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Citation

Bussolo,Maurizio; Luongo,Patrizia.

The distributive impact of terms of trade shocks (English). Policy Research working paper|no. WPS 8016 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/115331490812250507

The distributive impact of terms of trade shocks (English)

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