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| Author: | Yang, Y. Hwang, M. |
| Title: | Price behavior in Korean manufacturing |
| Journal: | Review of Economics and Statistics
1994 : AUG, VOL. 76:3, p. 461-460 |
| Index terms: | KOREA PRICES MANUFACTURING |
| Language: | eng |
| Abstract: | This paper investigates pricing behavior in Korean manufacturing. The two questions investigated are (1) whether price behavior in the two markets are distinctly different in the pass-through of exchange rate into export and domestic prices, and (2) If so, the subsequent question is whether observed differences in the price behavior can be explained by the price discrimination hypothesis. Using data from six manufacturing sectors for the period 1976-1990, the authors find that Korean manufacturing firms appear to have followed distinctly different pricing rule in the two markets. |
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