{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2022,6,2]],"date-time":"2022-06-02T05:32:05Z","timestamp":1654147925512},"reference-count":34,"publisher":"IGI Global","issue":"1","content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":[],"published-print":{"date-parts":[[2012,1,1]]},"abstract":"<p>In this paper, the authors use an exponential generalized autoregressive conditional heteroscedastic (EGARCH) error-correction model (ECM), that is, EGARCH-ECM, to estimate the pass-through effects of foreign exchange (FX) rates and producers\u2019 prices for 20 U.K. export sectors. The long-run adjustment of export prices to FX rates and producers\u2019 prices is within the range of -1.02% (for the Textiles sector) and -17.22% (for the Meat sector). The contemporaneous pricing-to-market (PTM) coefficient is within the range of -72.84% (for the Fuels sector) and -8.05% (for the Textiles sector). Short-run FX rate pass-through is not complete even after several months. Rolling EGARCH-ECMs show that the short and long-run effects of FX rate and producers\u2019 prices fluctuate substantially as are asymmetry and volatility estimates before equilibrium is achieved.<\/p>","DOI":"10.4018\/jsds.2012010101","type":"journal-article","created":{"date-parts":[[2012,4,3]],"date-time":"2012-04-03T15:26:11Z","timestamp":1333466771000},"page":"1-59","source":"Crossref","is-referenced-by-count":5,"title":["Pricing-to-Market Using EGARCH-Error Correction Model"],"prefix":"10.4018","volume":"3","author":[{"given":"Baoying","family":"Lai","sequence":"first","affiliation":[{"name":"University of East London, UK"}]},{"given":"Nathan Lael","family":"Joseph","sequence":"additional","affiliation":[{"name":"Aston University, UK"}]}],"member":"2432","reference":[{"key":"jsds.2012010101-0","doi-asserted-by":"publisher","DOI":"10.2307\/2234748"},{"key":"jsds.2012010101-1","first-page":"773","article-title":"Hypothesis in Import Prices: the Beachhead Effect.","volume":"78","author":"R. 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