Exchange rate pass-through and cross-border production sharing: A theoretical and empirical analysis of Taiwan
博士 === 國立成功大學 === 企業管理學系 === 105 === This paper uses the theoretical model created by Ghosh (2009) to analyze the extent of exchange rate pass-through (ERPT) for traditional trade and different production sharing cases. Comparing the differences among these scenarios revealed that production sharing...
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| Format: | Others |
| Language: | zh-TW |
| Published: |
2016
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| Online Access: | http://ndltd.ncl.edu.tw/handle/r2rdhs |
| Summary: | 博士 === 國立成功大學 === 企業管理學系 === 105 === This paper uses the theoretical model created by Ghosh (2009) to analyze the extent of exchange rate pass-through (ERPT) for traditional trade and different production sharing cases. Comparing the differences among these scenarios revealed that production sharing could be a reason for the continual decline in ERPT. Furthermore, empirical evidence from Taiwan discovered that under production sharing, the pricing-to-market for intermediate goods exporters and the currency fluctuation in the home nation of final goods exporters will further influence the magnitude of decline in the ERPT.
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