...
首页> 外文期刊>Review of international economics >Export Subsidies and Exchange Rate Pass-through
【24h】

Export Subsidies and Exchange Rate Pass-through

机译:出口补贴和汇率转嫁

获取原文
获取原文并翻译 | 示例
           

摘要

This paper investigates effects of exchange rate on optimal trade policies and market prices within a standard export subsidy model. Shifts in exchange rate change relative efficiencies of firms in different countries. We show that depreciation of own currency increases subsidy levels when marginal cost is constant. Import dependency weakens this relationship, decreasing sensitivity of subsidy levels to depreciation. In general, subsidies reduce exchange rate pass-through. Additionally, perverse exchange rate pass-through effect arises with sufficiently intensive subsidies.
机译:本文研究了标准出口补贴模型中汇率对最优贸易政策和市场价格的影响。汇率变动改变了不同国家公司的相对效率。我们表明,当边际成本不变时,本币贬值会增加补贴水平。进口依赖关系削弱了这种关系,降低了补贴水平对贬值的敏感性。一般而言,补贴会减少汇率传递。此外,在充分强化补贴的情况下,就会产生不正当汇率的传递效应。

著录项

  • 来源
    《Review of international economics》 |2013年第4期|627-635|共9页
  • 作者

    Hakan Orbay; Benan Zeki Orbay;

  • 作者单位

    Dogus University, Faculty of Economics and Administrative Sciences, Acibadem, 34722, Istanbul, Turkey;

    Dogus University, Faculty of Economics and Administrative Sciences, Acibadem, 34722, Istanbul, Turkey;

  • 收录信息
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类
  • 关键词

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号