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The trend rise in import penetration in Australia has renewed interest in the determinants of import volumes. In this paper, an attempt is made to explain the growth in Australia’s imports in terms of the increased openness of the economy. Openness is proxied by the effective rate of...
Persistent link: https://www.econbiz.de/10005423521
This paper examines exchange rate pass-through for the prices of both imports and manufactured exports. It is found that, in the long run, exchange rate pass-through over the docks is complete for both classes of good. However, in the short run, responses to currency movements differ...
Persistent link: https://www.econbiz.de/10005423542
This paper examines exchange rate pass-through for the prices of imports and manufactured exports. It is found that, in the long run, exchange rate pass-through over the docks is complete for both classes of good. However, pass-through to import prices is more rapid than that to manufactured...
Persistent link: https://www.econbiz.de/10005276358