| Autor: |
Huzeyfe Torun, Ahmet Duhan Yassa |
| Jazyk: |
angličtina |
| Rok vydání: |
2023 |
| Předmět: |
|
| Zdroj: |
Central Bank Review, Vol 23, Iss 1, Pp 100106- (2023) |
| Druh dokumentu: |
article |
| ISSN: |
1303-0701 |
| DOI: |
10.1016/j.cbrev.2023.100106 |
| Popis: |
This study investigates the role of sectoral market structure in the inflationary dynamics of the domestic producer prices (D-PPI) in Türkiye. We start by reporting the fact that industries with intense competition had lower producer price inflation compared to industries with low-competition in the past few years. Further investigation shows that this differentiation across industries corresponds to the years with higher exchange rate volatility. The industries characterized with low-competition have higher annual producer price inflation on average than those that are characterized with high-competition especially during the periods of high exchange rate volatility. Results are robust to a wide set of additional specifications and cast light on the role of market structure on firms’ pricing behavior in Türkiye. |
| Databáze: |
Directory of Open Access Journals |
| Externí odkaz: |
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