search query: @indexterm POWER / total: 583
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| Author: | Bernhofen, D. Xu, P. |
| Title: | Exchange rates and market power: evidence from the petrochemical industry |
| Journal: | Journal of International Economics
2000 : DEC, VOL. 52:2, p. 283-298 |
| Index terms: | INTERNATIONAL ECONOMICS EXCHANGE RATES POWER |
| Language: | eng |
| Abstract: | This paper takes a microeconometric approach to the study of exchange rate pass-through in imperfectly competitive markets. The authors provide evidence for the hypothesis that incomplete exchange rate pass-through can be attributed to non-competitive conduct by foreign firms. A unique feature of the authors' approach is the use of highly disaggregated industry data which is compatible with the behavioral assumptions of a homogeneous-product oligopoly model. |
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