Testing the pricing-to-market hypothesis : case of the transportation equipment industry / by Lynda Khalaf and Maral Kichian. : FB3-2/100-8E-PDF

This paper is concerned with the application of a size-correct test, which is immune to poor instruments, to a partial-equilibrium model of pricing-to-market (PTM). Pricing-to-market theory was advanced by Krugman (1987) as a possible explanation for the empirical observation that important movements in the bilateral nominal exchange rate between two countries that trade are not necessarily fully reflected in the price of imports.--Introduction

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Publication information
Department/Agency Bank of Canada.
Title Testing the pricing-to-market hypothesis : case of the transportation equipment industry / by Lynda Khalaf and Maral Kichian.
Series title Bank of Canada working paper1701-93972000-8
Publication type Series - View Master Record
Language [English]
Format Electronic
Electronic document
Other formats Paper-[English]
Note(s) "This paper is concerned with the application of a size-correct test, which is immune to poor instruments, to a partial-equilibrium model of pricing-to-market (PTM). Pricing-to-market theory was advanced by Krugman (1987) as a possible explanation for the empirical observation that important movements in the bilateral nominal exchange rate between two countries that trade are not necessarily fully reflected in the price of imports."--Introduction.
The ISBN (0-662-28959-5) and ISSN (1192-5434) for the print edition have been incorrectly copied in this electronic publication.
Résumé en français.
Publishing information Ottawa - Ontario : Bank of Canada May 2000.
Description 35p.references, tables
ISSN 1701-9397
Catalogue number
  • FB3-2/100-8E-PDF
Subject terms Exchange rates
Imports
Exports
Prices
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