Pricing to Market Behaviour and Exchange Rate Pass-Through in Japanese Exports

@article{Athukorala1994PricingTM,
  title={Pricing to Market Behaviour and Exchange Rate Pass-Through in Japanese Exports},
  author={P. Athukorala and Jayant Menon},
  journal={The Economic Journal},
  year={1994},
  volume={104},
  pages={271-281}
}
This paper examines the relationship between exchange rate changes and Japanese export pricing behavior employing a methodology which permits the separate measurement of pricing to market behavior and the cost impact of exchange rate changes. The results suggest that incomplete pass-through of exchange rate changes is a pervasive phenomenon, but rejects the widely held view that Japanese export firms have relied more heavily on pricing to market strategies during the period of yen appreciation… Expand
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