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AuthorAlsamara, Mouyad
AuthorMrabet, Zouhair
AuthorHatemi-J, Abdulnasser
Available date2023-01-17T06:57:09Z
Publication Date2020
Publication NameInternational Review of Economics and Finance
ResourceScopus
URIhttp://dx.doi.org/10.1016/j.iref.2020.07.009
URIhttp://hdl.handle.net/10576/38508
AbstractThis paper explores the asymmetric response of consumer prices to import costs using a nonlinear approach that investigates the long and the short run asymmetric pass-through. Quarterly data over the period of 1990-2014 for Gulf Corporation Council (GCC) countries and their trade partners is used to construct the index of imports cost. The estimated nonlinear autoregressive distributed lags model reveals a stronger import cost pass-through of depreciation than appreciation. We also investigate the underlying relationship between the selected variables by conducting asymmetric causality tests. The results reveal that the import cost factor has an asymmetric causal impact on the level of prices in GCC countries. Our findings provide new insights on the import cost pass-through that might be useful to consumers and policy makers. 2020 Elsevier Inc.
Languageen
PublisherElsevier
SubjectAsymmetric impacts
GCC Countries
Imports cost
Pass-through
Prices
TitlePass-through of import cost into consumer prices and inflation in GCC countries: Evidence from a nonlinear autoregressive distributed lags model
TypeArticle
Pagination89-101
Volume Number70
dc.accessType Abstract Only


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