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Exchange Rate Pass-Through and Industry Characteristics : The Case of Taiwan'S Exports of Midstream Petrochemical Products

Wang, Kuo-Liang; Wu, Chung-Shu - 2021

Based on 1986-1992 survey data of 22 midstream petrochemical industries in Taiwan, the empirical results of the export … price, the markup ratio and the price-cost margin equations in this study show that Taiwan's petrochemical firms absorb only …. It implies that Taiwan's petrochemical firms have a weak pricing-to-market pattern. The empirical results may be …

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