EconPapers    
Economics at your fingertips  
 

Pass‐through of exchange rates and tariffs in Greek‐US tobacco trade

Anthony Rezitis () and A. Blake Brown

Agricultural Economics, 1999, vol. 21, issue 3, 269-277

Abstract: The paper examines the extent to which exchange rate and unit tariff changes are passed‐through in US import prices ot unmanufactured Greek oriental tobacco. The results indicate partial pass‐through of exchange rates and tariffs. Exchange rate pass‐through is about 0.272 and tariff pass‐through about 0.185. One possible reason for the partial pass‐through is oligopoly in tobacco exporting. Oligopoly would imply that depreciation of the drachma relative to the US dollar benefits tobacco exporters operating in Greece. A second possible reason is a possible correlation between exchange rates premiums paid to tobacco exporters in previous agricultural policies. An important implication ot this possible correlation is that Greek tobacco prices may be more sensitive lo exchange rate changes under the current agricultural policy.

Date: 1999
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://doi.org/10.1111/j.1574-0862.1999.tb00600.x

Related works:
Journal Article: Pass-through of exchange rates and tariffs in Greek-US tobacco trade (1999) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:agecon:v:21:y:1999:i:3:p:269-277

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0169-5150

Access Statistics for this article

Agricultural Economics is currently edited by W.A. Masters and G.E. Shively

More articles in Agricultural Economics from International Association of Agricultural Economists Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2021-09-20
Handle: RePEc:bla:agecon:v:21:y:1999:i:3:p:269-277