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Export Pricing Behavior of Manufactuting: U.S.-Japan Comparison

International Monetary Fund

No 1988/078, IMF Working Papers from International Monetary Fund

Abstract: Using domestic and export price data and a framework of markup over cost, pricing behavior of U.S. and Japanese manufacturers is compared. Major export industries in Japan have higher productivity growth and lower pass-through coefficients than American exporters, who tend to price to domestic cost. Japanese firms seem to price discriminate between domestic, and export markets. Other related issues, including nonlinearity in pass-through and sectoral differences in productivity, are also examined.

Keywords: WP; exchange rate; demand curve; pass-through coefficient; export price; price equation; cost curve; import price; Export prices; Exports; Exchange rates; Real exchange rates; Price elasticity (search for similar items in EconPapers)
Pages: 52
Date: 1988-01-01
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