Transcription of How Do Exchange Rates Affect Import Prices? Recent ...
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How Do Exchange Rates Affect Import Prices? Recent Economic Literature and Data AnalysisNo. ID-21 OFFICE OF INDUSTRIES WORKING INTERNATIONAL TRADE COMMISSIONC athy L. JabaraOffice of International Trade CommissionMay 2009 Cathy Jabara is a Senior Economist with the Office of Industries of the International Trade of Industries working papers are the result of the ongoing professional research of USITC Staff andare solely meant to represent the opinions and professional research of individual authors. These papers arenot meant to represent in any way the views of the International Trade Commission or any of itsindividual Commissioners.
imports from Japan (.12) and the NIEs (0.0). An exchange-rate pass-through was also estimated for U.S. import prices from China for a small number of observations from mid-2005 to 2008, the period when the yuan fluctuated against the dollar. The estimated exchange-rate pass-through of 0.41 must be taken with a
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