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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w4399 |
来源ID | Working Paper 4399 |
Market Share and Exchange Rate Pass-Through in World Automobile Trade | |
Robert C. Feenstra; Joseph E. Gagnon; Michael M. Knetter | |
发表日期 | 1993-07-01 |
出版年 | 1993 |
语种 | 英语 |
摘要 | This paper explores the relationship between exchange rate pass-through and market share for monopolistically competitive exporters. Under fairly general assumptions we show that pass-through should be high for exporters based in a country with a very large share of total destination market sales. For source countries with small and intermediate market shares, the theoretical relationship is potentially nonlinear and sensitive to assumptions about the nature of consumer demand and firm interactions. The model is estimated using a panel data set of automobile exports from France, Germany, Sweden, and the United States to a variety of destinations over the period 1970-1988. The empirical relationship between pass-through and market share is significantly non-linear: pass-through is the lowest when the source country's market share is around 45 percent and it is highest when the source country's share approaches 100 percent. |
主题 | International Economics ; Trade |
URL | https://www.nber.org/papers/w4399 |
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/561770 |
推荐引用方式 GB/T 7714 | Robert C. Feenstra,Joseph E. Gagnon,Michael M. Knetter. Market Share and Exchange Rate Pass-Through in World Automobile Trade. 1993. |
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 | ||
w4399.pdf(275KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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