This paper studies the extent and variation in production cost pass-through for U.S. outsourcing imports. Data from 4,676 products imported through the U.S. overseas assembly program (OAP) show that outsourcing imports were characterized by incomplete pass-through of production and trade costs to import prices. Notably, passthrough was higher for products assembled in high education countries w...

In this research, the DCC model is estimated to calculate dynamic correlation series between crude oil price and growth of Industry and Mine sector during 1367:1-1392:4. Then, Macroeconomic variables which can explain the dynamic correlation are analyzed as variables of contagion. So, the import, as an effective and affected variable from crude oil price, is separated to real import of consumpt...

In this paper, we provide a comprehensive multivariate cointegration analysis of three parts of the steam coal value chain – export, transport and import prices. The analysis is based on a rich dataset of international coal prices; in particular, we combine data on steam coal prices with freight rates, covering the period December 2001 until August 2009 at weekly frequency. We then test whether...

The level of price volatility should theoretically be confined to export parity price levels at the lower end and import parity price levels at the upper end of the price band, reflecting supply and demand conditions during surplus and deficit marketing seasons respectively. A greater gap between these export and import parity prices will reflect high marketing costs, often representing high tr...

In this research, the DCC model is estimated to calculate dynamic correlation series between crude oil price and growth of Industry and Mine sector during 1367:1-1392:4. Then, Macroeconomic variables which can explain the dynamic correlation are analyzed as variables of contagion. So, the import, as an effective and affected variable from crude oil price, is separated to real import of consumpt...

The United States and Brazil both have many local consumer markets which imported cement can access by waterway. Despite this similarity, the degree of import penetration is strikingly di¤erent. While imports from around the world account for as much as 30% of U.S. cement consumption, Brazil hardly imports cement. U.S. cement producers, facing lower inbound trade costs and higher marginal costs...