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Table 1.

Descriptive statistics.

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Table 2.

Testing for slope homogeneity.

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Table 2 Expand

Table 3.

Testing for weak cross-sectional dependence.

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Table 3 Expand

Table 4.

Testing for a unit root.

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Table 4 Expand

Table 5.

Testing for cointegration.

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Table 6.

Linear ERPT to import prices.

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Table 6 Expand

Table 7.

Nonlinear ERPT to import prices.

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Table 8.

Sub-sample analysis of the pass-through to import prices across different periods.

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Table 8 Expand

Table 9.

Sub-sample analysis of the pass-through to import prices based on total imports.

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Table 9 Expand