Open Economies Review

, Volume 15, Issue 3, pp 261–271 | Cite as

Measuring Pricing to Market in the Eurozone: The Case of the Automobile Industry

  • Jacint Balaguer
  • Vicente Orts
  • José C. Pernías


In this paper we measure the pricing to market for the main export products in the Eurozone automobile industry. Results reveal that significant markup adjustments exist following exchange rate variations. In general, these adjustments allow a strong stabilization of prices in buyer's currency terms. Nevertheless, the degree of pricing to market is quite heterogeneous and differs highly across both product categories and destination markets.

automobile industry Eurozone pricing to market 


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Copyright information

© Kluwer Academic Publishers 2004

Authors and Affiliations

  • Jacint Balaguer
    • 1
  • Vicente Orts
    • 1
  • José C. Pernías
    • 1
  1. 1.Department of Economics and Institute of International EconomicsUniversitat Jaume ICastellónSpain

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