Exchange Rate Pass-Through into Import Prices in Jordan
Osama Sweidan ()
Global Economy Journal, 2013, vol. 13, issue 1, 109-128
Abstract: This paper investigates the exchange rate pass-through into import prices on aggregate and disaggregates data levels in Jordan. We employ the bounds testing approach to cointegration and error correction model in a sample of annual data over the period 1976–2011. This fundamental topic has considerable policy implications. The current paper concludes that nominal exchange rate fluctuations and oil prices are the core determinants of import prices either on aggregate or disaggregate data level. The short-run and long-run nominal exchange rate pass-through elasticities coefficients in Jordan are incomplete and equal to 0.13. Besides, in the short-run, oil prices have larger effect on Jordan’s import prices compared to nominal exchange fluctuations.
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed
Downloads: (external link)
For access to full text, subscription to the journal or payment for the individual article is required.
Journal Article: Exchange Rate Pass-Through into Import Prices in Jordan (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:bpj:glecon:v:13:y:2013:i:1:p:109-128:n:2
Ordering information: This journal article can be ordered from
Access Statistics for this article
Global Economy Journal is currently edited by Jannett Highfill
More articles in Global Economy Journal from De Gruyter
Bibliographic data for series maintained by Peter Golla ().