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- W2027832997 abstract "The study examines the pass-through relationship of exchange rate changes to prices of Australian imports of passenger motor vehicles (PMVs) for the period 1981. 3 to 1990. 2. A model that relates the import pricing decision to changes in the exchange rate, production costs and competing prices is estimated. Having identified a cointegrating relationship, the Engle-Granger two-step procedure is employed to estimate the model. Unlike previous findings, our results suggests that the pass through of exchange rate changes to import prices is incomplete in the long run. The presence of quantitative restrictions (QRs) and the pricing practices on intra-firm sales of multinational firms are put forward as possible explanations for the incomplete pass-through finding. [F 14]" @default.
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- W2027832997 date "1993-09-01" @default.
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- W2027832997 title "Exchange Rate Pass-Through: Australian Imports of Motor Vehicles" @default.
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- W2027832997 doi "https://doi.org/10.1080/10168739300000008" @default.
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