Evaluating the Exchange Rate Pass-through in Production Chains in Iranian Economy (Application of Input-Output Analysis)

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

Noferesty Mohammad; Yazdany Mehdi; Mohebbinia Fahimeh

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: JOURNAL OF ECONOMIC MODELING RESEARCH Year:2022 | Volume:11 | Issue:42 Page(s): 7-49

Download Full-Text

Persian Verion

View:

165

Download:

Cites:

Information Journal Paper

Title

Evaluating the Exchange Rate Pass-through in Production Chains in Iranian Economy (Application of Input-Output Analysis)

Author(s)

Noferesty Mohammad | Yazdany Mehdi | Mohebbinia Fahimeh | Issue Writer Certificate

Keywords

Exchange Rate Pass-Through

Input-Output Table

Backward Linkage

Panel Data

Abstract

Over the past decade, Iranchr('39')s economy has undergone a major and rapid experience of currency changes. One of the most important questions during the currency changes of the last decade is to answer the important question of how much the devaluation of the Rial has led to an increase in domestic prices and the extent to which these effects affect various dimensions of the domestic economy. Measuring the range of price changes in response to currency changes can be found in the phenomenon of currency transitions. The aim of this study is to analyze the inflationary effects of foreign exchange passage on the levels of imported and producer prices at different stages of production and separately in the productive sectors of the economy and also to determine the effective factors in foreign exchange passage by resorting to supply side variables in Iranchr('39')s economy. The present study presents a new approach for measuring exchange rate crossings on production chains by combining econometric tools and Input-Output Table in embedding and separating the estimation of exchange rate pass coefficients in two stages on import and producer prices. Industry by using the tools of Input-Output Table segmentation and considering variables based on information specific to each economic sector, such as; The import sector, the export sector, the production of each sector, provide sector linkages in estimating the exchange rate passage in the Iranian economy. These measures are based on three types of time series analysis, Input-Output analysis and Panel Data analysis from 1986 to 2017. Findings of the research in stage 1 indicate the high dependence of many industrial and economic sectors of Iran on imports and low elasticity of imports to the exchange rate and no substitution by domestic products. In the second stage, the coefficients of exchange rate passage on the producer are positive and significant in almost all economic sectors, and this fact confirms the effectiveness of the producer price index in the Iranian economy from changes in the exchange rate (through imports). also; The passage of the exchange rate on producer prices varies between different years in different sectors, and in some economic sectors these changes have increased over time, which indicates the increasing dependence and increasing impact of import prices on producer prices over time. It is in the policies adopted. Also, the results in stage 3 indicate a negative and significant effect of export share coefficients and the natural logarithm of domestic production and have a positive and significant effect of share coefficients of intermediate import inputs and inter-sectoral linkages, but the share of intermediate imports among other variables. It has the highest impact on the exchange rate of economic sectors

Cites

No record.

References

No record.

Cite

APA: Copy

Noferesty, Mohammad, Yazdany, Mehdi, & Mohebbinia, Fahimeh. (2022). Evaluating the Exchange Rate Pass-through in Production Chains in Iranian Economy (Application of Input-Output Analysis). JOURNAL OF ECONOMIC MODELING RESEARCH, 11(42 ), 7-49. SID. https://sid.ir/paper/959457/en

Vancouver: Copy

Noferesty Mohammad, Yazdany Mehdi, Mohebbinia Fahimeh. Evaluating the Exchange Rate Pass-through in Production Chains in Iranian Economy (Application of Input-Output Analysis). JOURNAL OF ECONOMIC MODELING RESEARCH[Internet]. 2022;11(42 ):7-49. Available from: https://sid.ir/paper/959457/en

IEEE: Copy

Mohammad Noferesty, Mehdi Yazdany, and Fahimeh Mohebbinia, “Evaluating the Exchange Rate Pass-through in Production Chains in Iranian Economy (Application of Input-Output Analysis),” JOURNAL OF ECONOMIC MODELING RESEARCH, vol. 11, no. 42 , pp. 7–49, 2022, [Online]. Available: https://sid.ir/paper/959457/en

Related Journal Papers

No record.

Related Seminar Papers

No record.

Related Plans

No record.

Recommended Workshops