Pricing-to-Market and Exchange Rate Pass-Through in the U.S. Broiler Meat Export Markets
| dc.creator | No, Sung C. | |
| dc.creator | Davis, Christopher G. | |
| dc.creator | Harvey, David | |
| dc.date | 2017-04-01T15:03:06Z | |
| dc.date.accessioned | 2026-07-09T09:25:48Z | |
| dc.description | The conventional estimation method of the pricing-to-market (the PTM) model in the international trade literature is a within model of panel regression of export prices on exchange rates with time and country dummies. Previous studies have found a significant coefficient parameter in exchange rate variable, which is only indicative of short-run pricing-to-market for multiple export destinations rather than long-run pricing behavior. This paper examines a long-run pricing-to-market for U.S. broiler meat export markets, using “between” panel specification. Findings indicate that the U.S. pricing-to-market behavior of exporters is both transient and persistently long. These results clearly imply that the implementation of a long-run pricing-to-market strategy in the U.S. broiler meat exports mitigates the rising imbalance between the domestic production and consumption via incomplete exchange rate pass-through. | |
| dc.identifier | Other:ISSN #: 1559-2448 | |
| dc.identifier | doi:10.22004/ag.econ.207003 | |
| dc.identifier | https://ageconsearch.umn.edu/record/207003/files/201401426.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/207003 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/608836 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/207003 | |
| dc.title | Pricing-to-Market and Exchange Rate Pass-Through in the U.S. Broiler Meat Export Markets | |
| dc.type | Text |