Exchange Rate Movements and Tradable Goods Prices in East Asia: An Analysis Based on Japanese Customs Data, 1988-98
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Summary:
The paper uses a dynamic panel data model to estimate the pass-through coefficients of 20 nine-digit industrial commodities that are traded between Japan and its East Asian trading partners to investigate the response of tradable goods prices to exchange rate movements. By using the monthly series of unit export and import values obtained from the Japanese customs data for the period 1988-98, it shows that price pass-through is much larger for exports from Japan than for imports to Japan.
Series:
Working Paper No. 1999/031
Subject:
Exchange rate adjustments Exchange rates Export prices Exports Foreign exchange Import prices International trade Prices
English
Publication Date:
March 1, 1999
ISBN/ISSN:
9781451845006/1018-5941
Stock No:
WPIEA0311999
Pages:
20
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