t he objective of this study is using the markov switching vector autoregressive method and regime dependent impulse response functions to measure the pass-through of world food prices to consumer price index in iran from 1990 to 2013. with respect to information criteria and the log-likelihood ratio statistic, msia(2)-var(1) model has a better fit to data than other models. the magnitude of th...

abstract:this study examines the significant impact of exchange rate shock on prices of malaysian importsand exports. in methodology, the study adopts vector error correction (vecm) model using monthlydata of nominal exchange rates, money supply, prices of imports and prices of exports covering theperiod of m1:1999 to m12:2006. for further analysis, we adopt an innovation accounting bysimulatin...

the impact of price changes (at a level of market) on the other market levels (transfer of prices) will affect welfare of producers, marketing agents as well as consumers. in this study, asymmetric tea market is investigated through an application of johansen co-integration analysis and error correction model (ecm model) to time series of 1976-2009. co integration method used in the import mark...

Commodity prices are in the news. Oil prices have dropped 65% since June 2014. Metal prices are also down substantially, albeit they have declined more gradually since 2011 on account of slower growth from emerging markets that account for more than half of global metal consumption. In this special issue, we focus on food prices, which have in many ways a wider impact than oil prices. While int...

Financial crises in countries are often accompanied by an out‡ow of foreign portfolio investment and an in‡ow of foreign direct investment (FDI). We provide an agency-theoretic framework that explains this phenomenon. During crises, agency problems a¤ecting domestic …rms are exacerbated, and, in turn, external …nancing constrained. Direct ownership can circumvent these problems, but during cris...

exchange rate has the fundamental role as one of the economy key variables in determining the domestic price. so it is important to know how is the empirical relationship between the exchange rate and domestic prices and the factors influencing this relationship. the main objective of this study is to determine the effect of vehichel imports share on the exchange rate pass – through on domestic...

Recent increases in imports of catfish, shrimp, and crawfish have caused concern as to their impact on domestic prices. This study seeks to identify the linkages between imports of these goods and producer prices. Increases in imports of catfish and shrimp are shown to decrease related domestic prices. However, recent trends show a simultaneous increase in both imports and domestic prices of cr...

Recent increases in imports of catfish, shrimp, and crawfish have caused concern as to their impact on domestic prices. This study seeks to identify the linkages between imports of these goods and producer prices. Increases in imports of catfish and shrimp are shown to decrease related domestic prices. However, recent trends show a simultaneous increase in both imports and domestic prices of cr...

This paper considers the effect of exchange rate (ER) level on China’s domestic prices during the period of 2003–2012. We examine China’s consumer price index (CPI), import price index (IPI) and producer price index (PPI) by using time series vector error correction analysis. The main finding of the paper is that ER passthrough has had a limited but growing effect on domestic prices and will co...

The purpose of this paper is to examine two factors, gold production and export prices, that have been suggested as having aided Australia's escape from the deflation it faced in the early 1890s. In order to examine the factors influencing Australian domestic prices in the second half of the nineteenth century, annual data over the period 1861-1900 are used to estimate a structural vector autor...