Ca' Zorzi, Michele; Hahn, Elke; Sánchez, Marcelo - 2007
the conventional wisdom that ERPT into both import and consumer prices is always higher in “emerging” than in “developed …” countries. For emerging markets with only one digit inflation (most notably the Asian countries), passthrough to import and … import openness and ERPT, while plausible theoretically, finds only weak empirical support. …