台灣進口物價匯率轉嫁之研究

• Main Author: 柯中逵
• Other Authors: 陳坤銘
• Format: Others
• Language: zh-TW
• Published: 2007
• Online Access: http://ndltd.ncl.edu.tw/handle/22648634739011858375

碩士 === 國立政治大學 === 國際貿易研究所 === 95 === In the past, most people used aggregated data to analyze Taiwan exchange rate pass-through. In this paper, we analyze Taiwan exchange rate pass-through into import price by subdividing industry data and use cointegrating test to estimate their relation in long run. We find out some difference from past documents of empirical analyses of Taiwan. First, using seasonal data is more suitable than using monthly data to analyze this issue. Second, exchange rate pass-through is uncompleted in the long run. And the magnitude of pass-through is far away from 1(completed pass-through). Third, in the long run, there is no asymmetry of exchange rate pass-through.