Holmes, Mark J.2010-06-042010-06-042006Holmes, M. (2006). Long-run pass-through from the exchange rate to import prices in African countries. Journal of Economic Development, 33(1), 97-111.https://hdl.handle.net/10289/3927This paper investigates the extent of pass-through from the nominal exchange rate to import prices for a sample of nineteen African countries. The methodology is based on panel data cointegration testing. Using annual data extending back to 1971, long-run pass-through can be best described as a fairly balanced combination of local-currency and producer-currency pricing. However, this paper offers additional insight from a moving window approach that indicates declining long-run pass-through, accompanied by decreasing inflation, occurring since the mid-1990s.application/pdfenThis article has been published in the journal: Journal of Economic Development. Used with permission.exchange rate pass-thoughtpanel cointegrationAfricaJournal Article