| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w2878 |
| 来源ID | Working Paper 2878 |
| Price and Output Adjustment in Japanese Manufacturing | |
| William H. Branson; Richard C. Marston | |
| 发表日期 | 1989-03-01 |
| 出版年 | 1989 |
| 语种 | 英语 |
| 摘要 | This paper investigates the importance of markup behavior in Japanese manufacturing. According to the evidence presented, Japanese firms have varied the markups of prices over marginal costs in order to limit the effects of exchange rate changes on output. This behavior is quite different from that found in U.S. manufacturing where output and employment have borne the main impact of recent exchange rate changes. The paper examines markups in nine sectors of manufacturing which are major producers of exports. In all nine sectors, Japanese prices prove to be highly sensitive to foreign prices and exchange rates as well as to more traditional demand and supply variables. The paper shows that variable markups rather than high price elasticities account for this price behavior, since output is relatively insensitive to prices or exchange rates. |
| 主题 | International Economics |
| URL | https://www.nber.org/papers/w2878 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/560147 |
| 推荐引用方式 GB/T 7714 | William H. Branson,Richard C. Marston. Price and Output Adjustment in Japanese Manufacturing. 1989. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w2878.pdf（165KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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