Abstract
This paper examines how the Swedish imports prices react to exchange rate changes in the long run. It finds, through non-stationary panel analysis, that the Swedish import prices (for the majority of industries) change but not in proportion to exchange rate changes. The evidence from panel cointegration also shows that pricing behavior of the Swedish imports varies across industries and such variations could be related to industry-specific characteristics.
Original language | English |
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Pages (from-to) | 55-67 |
Number of pages | 13 |
Journal | Empirica |
Volume | 31 |
Issue number | 1 |
DOIs | |
Publication status | Published - Jun 4 2004 |
Externally published | Yes |
Keywords
- Exchange rate pass-through
- Panel cointegration
- Panel unit roots
- Pricing to market
- Sweden
ASJC Scopus subject areas
- Geography, Planning and Development
- Development