Arbeitspapier
Swedish Export Price Determination: Pricing to Market Shares?
The Swedish export price determination for automobiles and kraft paper to three destination countries, over the period 1980-1994, is investigated. Formal tests on an error correction model indicate results consistent with price discrimination in Swedish exports of both goods. The exporters use their market power for pricing to market, which is characterized by the concern for foreign conditions, and implies an incomplete exchange rate pass-through. The pricing behaviour seems to be determined by the development of market shares, in about half of the cases. The total pass-through to the local currency price within a year, that is the effect of an exchange rate change working through all variables and all interactions in the price determination, span between -85 % and +111 %.
- Sprache
-
Englisch
- Erschienen in
-
Series: Sveriges Riksbank Working Paper Series ; No. 96
Prices, Business Fluctuations, and Cycles: General (includes Measurement and Data)
Foreign Exchange
Open Economy Macroeconomics
Exchange rates
Export prices
Market shares
Pass-through
Pricing to market
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:22 MESZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Adolfson, Malin
- Sveriges Riksbank
Entstanden
- 1999