Exchange Rate Pass-Through Effect on the Price of Imported Medical Goods in Iran: A Nonlinear Autoregressive Distributed Lag (NARDL) Approach
Message:
Article Type:
Research/Original Article (دارای رتبه معتبر)
Abstract:

This study investigates the effect of Exchange Rate Pass-Through (ERPT) on the price of imported medical goods in Iran by utilizing the nonlinear autoregressive distributed lag (NARDL) method. The obtained results showed that the coefficient of positive and negative exchange rate fluctuations, in the long term, is less than one unit. In the long term, the price of imported medical goods is also affected by the positive fluctuations of domestic production. With positive fluctuations in domestic production and rising incomes, the demand for imported medical goods tends to increase, leading to higher prices for imported medical goods. Negative fluctuations in the degree of economic openness have negative effects on the price of imported medical goods. Eventually, the effect of the positive and negative fluctuations of trading partners' final cost variables on the price index of imported medical goods is positive. Given the increase in the exchange rate and the subsequent devaluation of the national currency, the increase in the price of imports, and, consequently, the cost of imported inputs, the increase in import prices can be one of the causes of domestic inflation.

Language:
English
Published:
Journal of Money & Economy, Volume:17 Issue: 3, Summer 2022
Pages:
275 to 296
magiran.com/p2606462  
دانلود و مطالعه متن این مقاله با یکی از روشهای زیر امکان پذیر است:
اشتراک شخصی
با عضویت و پرداخت آنلاین حق اشتراک یک‌ساله به مبلغ 990,000ريال می‌توانید 70 عنوان مطلب دانلود کنید!
اشتراک سازمانی
به کتابخانه دانشگاه یا محل کار خود پیشنهاد کنید تا اشتراک سازمانی این پایگاه را برای دسترسی نامحدود همه کاربران به متن مطالب تهیه نمایند!
توجه!
  • حق عضویت دریافتی صرف حمایت از نشریات عضو و نگهداری، تکمیل و توسعه مگیران می‌شود.
  • پرداخت حق اشتراک و دانلود مقالات اجازه بازنشر آن در سایر رسانه‌های چاپی و دیجیتال را به کاربر نمی‌دهد.
In order to view content subscription is required

Personal subscription
Subscribe magiran.com for 50 € euros via PayPal and download 70 articles during a year.
Organization subscription
Please contact us to subscribe your university or library for unlimited access!