CORE
🇺🇦
make metadata, not war
Services
Services overview
Explore all CORE services
Access to raw data
API
Dataset
FastSync
Content discovery
Recommender
Discovery
OAI identifiers
OAI Resolver
Managing content
Dashboard
Bespoke contracts
Consultancy services
Support us
Support us
Membership
Sponsorship
Community governance
Advisory Board
Board of supporters
Research network
About
About us
Our mission
Team
Blog
FAQs
Contact us
Pass-through of exchange rates and tariffs in Greek-US tobacco trade
Authors
A. Blake Brown
Anthony N. Rezitis
Publication date
1 April 2017
Publisher
Doi
Cite
Abstract
The paper examines the extent to which exchange rate and unit tariff changes are passed-through in US import prices of unmanufactured Greek oriental tobacco. The results indicate partial pass-through of exchange rates and tariffs. Exchange rate pass-through is about 0.272 and tariff pass-through about 0.185. One possible reason for the partial pass-through is oligopoly in tobacco exporting. Oligopoly would imply that depreciation of the drachma relative to the US dollar benefits tobacco exporters operating in Greece. A second possible reason is a possible correlation between exchange rates premiums paid to tobacco exporters in previous agricultural policies. An important implication of this possible correlation is that Greek tobacco prices may be more sensitive to exchange rate changes under the current agricultural policy. ©1999 Elsevier Science B.V. All rights reserved
Similar works
Full text
Available Versions
AgEcon Search - Research in Agricultural & Applied Economics
See this paper in CORE
Go to the repository landing page
Download from data provider
oai:ageconsearch.umn.edu:17519...
Last time updated on 02/12/2020
Sustaining member
AgEcon Search: Research in Agricultural and Applied Economics
See this paper in CORE
Go to the repository landing page
Download from data provider
oai:ageconsearch.umn.edu:17519...
Last time updated on 13/12/2023