Autori:
Baniak, A. ,
Phlips, Louis Titolo:
La Pléiade and exchange rate pass-throughPeriodico:
European University Institute of Badia Fiesolana (Fi). Department of Economics - Working papersAnno:
1994 - Fascicolo:
20 - Pagina iniziale:
1 - Pagina finale:
38We examine the effects of a change in the exchange rate on sales and prices in the framework of a two-country, two-commodity duopoly model with joint production. We distinguish two kinds of reaction. W hen the firm located in the country whose currency depreciates (appreciates) increases (decreases) sales in both countries, we call it the “firm specific” effect. If all sales in the country which appreciates (depreciates) its currency increase (decrease), we call it the “country specific” effect. Strategic substitutability, economies of joint production an d/or economies of scale lead to the firm specific effect. Strategic complementarity, diseconomies of joint production and/or diseconomies of scale lead to the country specific effect.
Premi sulle icone
a fianco dei nomi per visualizzare i libri scritti dall'autore
X
Opere monografiche dal catalogo BNCF
Testo completo:
http://hdl.handle.net/1814/500Esportazione dati in Refworks (solo per utenti abilitati)
Record salvabile in Zotero