G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w3364
来源IDWorking Paper 3364
Price Behavior in Japanese and U.S. Manufacturing
Richard C. Marston
发表日期1990-05-01
出版年1990
语种英语
摘要Relative price changes in Japanese and U.S. manufacturing are driven by two forces, productiviry growth which leads to secular changes in costs and exchange rate fluctuations which change relative prices between the two countries. In sectors where productivity growth is high, reductions in costs can neutralize exchange rate appreciations to keep prices competitive with those abroad, at least in the long run, But even in these sectors, exchange rate fluctuations are the dominant influence on relative competitiveness in the short run.
主题International Economics
URLhttps://www.nber.org/papers/w3364
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/560653
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Richard C. Marston. Price Behavior in Japanese and U.S. Manufacturing. 1990.
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