Exchange rate pass-through and cross-border production sharing: A theoretical and empirical analysis of Taiwan

• Main Authors: Li-HueiLan, 藍麗惠
• Other Authors: Shuang-Shi Chuang
• Format: Others
• Language: zh-TW
• Published: 2016
• Online Access: http://ndltd.ncl.edu.tw/handle/r2rdhs

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.