환율과 산업별 수출가격경쟁 = Exchange Rates and the Export Price Competitiveness

다국어 초록 (Multilingual Abstract)

This study examines the dynamic behavior of the export prices across the export markets, using market power in an switching cost model of the export price determination. Especially, this study emphasizes the short- and long-run pricing to market effects of the exchange rate, representing the market power as a function of the relative exchange rates of the competing foreign companies in the export markets. The long-run pricing to market effect of the exchange rate could be reverse, due to its intertemporal effect. The relative exchange rates of the competing foreign companies would affect permanently the export price through changes in market power over periods unlikely in the literature. Using the monthly data over January 1991-March 2001, this paper provides an evidence for the hypothesis that changes in the relative exchange rates of the competing foreign companies are permanently influencing the export prices in the Korean major export markets of polyester texture, steel and electric memory industries.

목차 (Table of Contents)

• Ⅰ. 서론
• Ⅱ. 시장독점성과 수출가격결정
• Ⅲ. 다기간 수출가격결정
• Ⅳ. 수출가격의 동태적 변화 추정
• 4.1 자료
• 4.2 동태적 수출가격의 추정
• Ⅴ. 요약 및 결론
• 참고문헌
• Abstract
• Key Words