政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/62341

English | 正體中文 | 简体中文 | Post-Print筆數 : 27 | Items with full text/Total items : 109948/140897 (78%)
Visitors : 46090113 Online Users : 1406

RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.

Home ‧ Login ‧ Upload ‧ Help ‧ About ‧ Administer

政大機構典藏 > 商學院 > 國際經營與貿易學系 > 期刊論文 > Item 140.119/62341

Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/62341

Title:	菜單成本與不對稱匯率轉嫁－以台灣進口物價為例
Other Titles:	Asymmetry in Exchange Rate Pass-Through to Taiwan Import Prices: The Potential Role of Menu Costs
Authors:	黃恩恩;藍青玉;郭炳伸 Huang, En-En;Lan, Ching-Yu;Kuo, Biing-Shen
Contributors:	國貿系
Keywords:	不對稱;匯率轉嫁;菜單成本;門檻迴歸模型 Asymmetry;Exchange rate pass-through;Menu cost;Threshold regression model
Date:	2007-12
Issue Date:	2013-12-10 17:10:57 (UTC+8)
Abstract:	本文應用門檻迴歸模型(threshold regression model)檢驗台灣進口物價是否因匯率變動幅度不同，而產生不同程度的匯率轉嫁。實證結果顯示，當匯率變動幅度小於3%時，有顯著的匯率轉嫁；反之，則匯率轉嫁不顯著。我們認為上述不對稱匯率轉嫁的可能成因為菜單成本的存在。當匯率變動時，出口商必須在調價所產生的菜單成本，與不調價對其價格競爭力的減損中，進行權衡取捨(trade-off)。因此，出口商唯有在匯率變動幅度夠大時，才會因應匯率變動進行調價。我們並透過理論模型嚴謹說明菜單成本存在時，上述的匯率「不對稱轉嫁」現象。 This study investigates whether there is an asymmetry in exchange rate pass-through using threshold regression technique. We found significant evidence for the pass-through effect only when the changes in exchange rates are smaller than 3%. The asymmetry is consistent with the predictions from a simple theory where altering prices to accommodate exchange rate fluctuations by exporters may incur fixed menu cost. Hence, despite a loss in competitiveness, exporters tend to maintain their exporting prices when the degrees of exchange rate movements are mild, resulting in the observed exchange rate pass-through.
Relation:	經濟論文,35(4),439-472
Data Type:	article
Appears in Collections:	[國際經營與貿易學系 ] 期刊論文

Files in This Item:

File	Description	Size	Format
439-472.pdf		1490Kb	Adobe PDF2	909	View/Open

社群 sharing

著作權政策宣告 Copyright Announcement

1.本網站之數位內容為國立政治大學所收錄之機構典藏，無償提供學術研究與公眾教育等公益性使用，惟仍請適度，合理使用本網站之內容，以尊重著作權人之權益。商業上之利用，則請先取得著作權人之授權。
The digital content of this website is part of National Chengchi University Institutional Repository. It provides free access to academic research and public education for non-commercial use. Please utilize it in a proper and reasonable manner and respect the rights of copyright owners. For commercial use, please obtain authorization from the copyright owner in advance.

2.本網站之製作，已盡力防止侵害著作權人之權益，如仍發現本網站之數位內容有侵害著作權人權益情事者，請權利人通知本網站維護人員(nccur@nccu.edu.tw)，維護人員將立即採取移除該數位著作等補救措施。
NCCU Institutional Repository is made to protect the interests of copyright owners. If you believe that any material on the website infringes copyright, please contact our staff(nccur@nccu.edu.tw). We will remove the work from the repository and investigate your claim.

Loading...