Hanninen, Riitta; Laaksonen-Craig, Susanna; Toppinen, Anne - Western Agricultural Economics Association - WAEA - 2000
In previous literature, the degree of exchange rate pass-through to importing countrys currency has often been found to be incomplete, which supports the idea of imperfect competition in the forest products markets. In this study, exchange rate pass-through is examined by employing a mark-up...