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Exchange Rate Pass-Through Effect on the Price of Imported Medical Goods in Iran: A Nonlinear Autoregressive Distributed Lag (NARDL) Approach

Author

Listed:
  • Shirafkan Lamso, Mehdi

    (Faculty of Manegment and Humanities, Chabahar Maritime University, Chabahar, Iran)

  • Alirezaei Shahraki, Mehrdad

    (Faculty of Management and Human Science, Chabahar Maritime University, Chabahar)

  • Jalili, Zahra

    (General Directorate of Economic Affairs and Finance, East Azerbaijan Province,Tabriz)

Abstract

This study investigates the effect of Exchange Rate Pass-Through (ERPT) on the price of imported medical goods in Iran by utilizing the nonlinear autoregressive distributed lag (NARDL) method. The obtained results showed that the coefficient of positive and negative exchange rate fluctuations, in the long term, is less than one

Suggested Citation

  • Shirafkan Lamso, Mehdi & Alirezaei Shahraki, Mehrdad & Jalili, Zahra, 2022. "Exchange Rate Pass-Through Effect on the Price of Imported Medical Goods in Iran: A Nonlinear Autoregressive Distributed Lag (NARDL) Approach," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 17(3), pages 275-296, September.
    • Handle: RePEc:mbr:jmonec:v:17:y:2022:i:3:p:275-296
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