This paper investigates the relationship between the export price and the exchange rate in Korea from 1982 1st quarter to 2010 2nd quarter with regression OLS Model. The results of estimation indicate, in case of the all-period, that net Pass-through degree is -0.288. It is -0.332 before 1998 1st, and -0.201 after 1998 2nd. The coefficients of exchange rate are significant in whole equation. So firm can be more high price-making power in the latest than before. This paper test asymmetric pass-through relationship between appreciated term and devalued term. This study has symmetric relationship in the exchange rate pass-through. And exchange rate coefficients are significant in whole equation.
Abstract
Ⅰ. 서론
Ⅱ. 가격전가 이론 및 선행연구
Ⅲ. 모형 설정 및 자료
Ⅳ. 실증 분석
Ⅴ. 요약 및 결론
참고문헌
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