The Effects of Foreign Exchange Rate Movements on Domestic Prices in the Turkish Manufacturing Industry

Autores/as

  • Öner Günçavdi Istanbul Technical University; Faculty of Management and Technology and Economic Development Research Centre (TEDRC)
  • Benan Zeki Orbay Faculty of Management, Istanbul Technical University

DOI:

https://doi.org/10.18381/eq.v1i1.185

Resumen

Este trabajo examina la sensibilidad de los precios domésticos en la industria manufacturera de Turquía a las fluctuaciones en los tipos de cambio. En nuestro modelo teórico, las empresas domésticas y foráneas producen bienes sustitutos para el mercado doméstico. Se asume que algunas funciones del mercado de insumos de las empresas domésticas son importadas. Los resultados muestran que la sensibilidad de los precios domésticos a movimientos en los tipos de cambio está altamente relacionada a la proporción de insumos importados para la producción doméstica. Sin embargo, respecto a los efectos de la estructura de mercado sobre la respuesta de los precios domésticos a variaciones en el tipo de cambio, nuestros resultados no son concluyentes.

Citas

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Publicado

2004-11-01

Cómo citar

Günçavdi, Öner, & Zeki Orbay, B. (2004). The Effects of Foreign Exchange Rate Movements on Domestic Prices in the Turkish Manufacturing Industry. EconoQuantum, 1(1), 41-56. https://doi.org/10.18381/eq.v1i1.185