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Exchange Rate Pass-through Into The Export And Import Prices Of Turkey

Abali, Elif Ege

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Título:
Exchange Rate Pass-through Into The Export And Import Prices Of Turkey
Autor: Abali, Elif Ege
Descrição: In this study, exchange rate pass-through into the export prices and import prices is analyzed separately at the disaggregate level. The study also attempts to differentiate exchange rate pass-through in the short-run and long-run. To analyze pass-through in the short-run, dynamic modeling is used. To analyze pass-through in the long-run, cointegration analysis is conducted. Estimation results show that exchange rate pass-through into the import prices is complete even at the disaggregate level. However, there is variation in the pass-through into the export prices across sectors both in the short-run and long-run. Not all exporting sectors, even in a small open economy like Turkey, are price takers in the foreign markets.
Editor: METU
Idioma: Inglês

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