Exchange Rate Changes and Export Prices in a Small Semi-Open Economy

Oluremi Ogun ()

Open Economies Review, 2000, vol. 11, issue 2, 127-134

Abstract: This paper analyses the reaction of export prices to exchange rate changes in Nigeria. The major proposition examined in the study is that, exchange rate changes are not reflected fully in the prices of the country's exports. The analysis suggests that manufactured export firms in the country may have been price discriminating between domestic and export markets; only about 93% of exchange rate changes occurring in the period 1986 to 1995 is shown as reflected in the domestic price of manufactured export. However, this result is qualified by the fact that, over 75% of the data analysed were generated. Copyright Kluwer Academic Publishers 2000

Keywords: general; open economy macroeconomics and other (search for similar items in EconPapers)
Date: 2000
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DOI: 10.1023/A:1008331820761

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