Pass-through of imported input prices to domestic producer prices : evidence from sector-level data /

Saved in:
Bibliographic Details
Author / Creator:Ahn, JaeBin., (IMF staff)
Imprint:[Washington, D.C.] : International Monetary Fund, 2016.
©2016
Description:1 online resource (24 pages) : illustrations
Language:English
Series:IMF Working Paper, 1018-5941 ; WP/16/23
IMF working paper ; WP/16/23.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12504866
Hidden Bibliographic Details
Other authors / contributors:Park, Chang-Gui, author.
Park, Chanho, author.
International Monetary Fund. Research Department, issuing body.
ISBN:1475522282
9781475522280
9781475522280
ISSN:1018-5941
Notes:"February 2016."
"Research Department."
Includes bibliographical references (pages 14-15).
Online resource; title from pdf title page (IMF.org Web site, viewed April 1, 2016).
Summary:Motivated by stylized facts pointing to a dominant role of imported inputs in transmitting external price shocks to domestic prices, this paper zooms in to study the pass-through of imported input costs to domestic producer prices. Our approach constructs effective input price indices from sector-level price data combined with sector-level information on input-output linkages. Applying an error correction model specification to sector-level output and input prices, the long-run pass-through rate of effective imported input costs to domestic producer prices is estimated to be around 70 percent in Korea and almost 100 percent in selected European countries.--Abstract.
Other form:Print Version: Ahn, JaeBin. Pass-Through of Imported Input Prices to Domestic Producer Prices : Evidence from Sector-Level Data. Washington, D.C. : International Monetary Fund, 2016 9781475522280
Standard no.:10.5089/9781475522280.001