What Caused the Rise in the UK Terms of Trade?

13 Pages Posted: 27 Apr 2005

See all articles by Karen Dury

Karen Dury

Bank of England

Lisa Piscitelli

Bank of England - International Economic Analysis Division

Maria Sebastia-Barriel

Bank of England - Structural Economic Analysis Division

Anthony Yates

Bank of England - Monetary Analysis

Abstract

The UK terms of trade rose by 15% from 1995 Q3 to 2003 Q1. This article looks at alternative explanations of why this happened, and what they mean for the likelihood that the terms of trade increase will endure.

Suggested Citation

Dury, Karen and Piscitelli, Lisa and Sebastia-Barriel, Maria and Yates, Anthony, What Caused the Rise in the UK Terms of Trade?. Bank of England Quarterly Bulletin, Summer 2003, Available at SSRN: https://ssrn.com/abstract=706985

Karen Dury (Contact Author)

Bank of England ( email )

Threadneedle Street
London, EC2R 8AH
United Kingdom

Lisa Piscitelli

Bank of England - International Economic Analysis Division ( email )

Threadneedle Street
London EC2R 8AH
United Kingdom

Maria Sebastia-Barriel

Bank of England - Structural Economic Analysis Division

Threadneedle Street
London, EC2R 8AH
United Kingdom

Anthony Yates

Bank of England - Monetary Analysis ( email )

Threadneedle Street
London EC2R 8AH
United Kingdom

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