Hidden Bibliographic Details
Other authors / contributors: | Park, Chang-Gui, author.
Park, Chanho, author.
International Monetary Fund. Research Department, issuing body.
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ISBN: | 1475522282 9781475522280 9781475522280
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ISSN: | 1018-5941
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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).
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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.
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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
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Standard no.: | 10.5089/9781475522280.001
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