Exchange Rate Movements and Tradable Goods Prices in East Asia An Analysis Based on Japanese Customs Data, 1988-98

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 o...

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Bibliographic Details
Main Author: Yoshida, Yushi
Other Authors: Takagi, Shinji
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1999
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a Exchange Rate Movements and Tradable Goods Prices in East Asia  |b An Analysis Based on Japanese Customs Data, 1988-98  |c Yushi Yoshida, Shinji Takagi 
260 |a Washington, D.C.  |b International Monetary Fund  |c 1999 
300 |a 20 pages 
651 4 |a United States 
653 |a Inflation 
653 |a Import prices 
653 |a Deflation 
653 |a Exchange rate adjustments 
653 |a Currency 
653 |a Trade: General 
653 |a Exports and Imports 
653 |a International economics 
653 |a Price Level 
653 |a Foreign Exchange 
653 |a International trade 
653 |a Exports 
653 |a Prices 
653 |a Macroeconomics 
653 |a Exchange rates 
653 |a Export prices 
653 |a Macroeconomic Aspects of International Trade and Finance: General 
653 |a Imports 
653 |a Foreign exchange 
700 1 |a Takagi, Shinji 
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520 |a 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