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A model of commodity prices after Sir Arthur Lewis
Sir Arthur Lewis World income Cointegration
2014/3/24
We develop an idea from Arthur Lewis’ paper on unlimited supplies of labor to model the longrun behavior of the prices of primary commodity produced by poor countries. Commodity supply is
assumed inf...
The Nobel Prize in Economic 1979，Sir Arthur Lewis，for their pioneering research into economic development research with particular consideration of the problems of developing countries. 
A Model of Commodity Prices After Sir Arthur Lewis
Commodity prices Sir Arthur Lewis World income Cointegration
2014/3/18
We develop an idea from Arthur Lewis’ paper on unlimited supplies of labor to model the longrun behavior of the prices of primary commodity produced by poor countries. Commodity supply is assumed infi...