University of Tehran Iranian Economic Review 1026-6542 21 1 2017 03 01 The Impact of Exchange Rate Devaluation on Price Indices of Exported Goods in Iran 85 99 60864 10.22059/ier.2017.60864 EN Nooraddin Sharify Department of Economics, University of Mazandaran, Babolsar, Iran Vahid Taghinezhad Omran Department of Economics, University of Mazandaran, Babolsar, Iran Tahereh Valinejad Ahangaree University of Mazandaran Journal Article 2016 04 20 E xchange rate is an important factor influencing price indices of exported goods of a country in different ways. Imported intermediate commodity is one of the important ways by which the change in exchange rate affects price indices of the exported goods. Using the input-output table of Iran for the year 2001, this paper investigates the impact of exchange rate devaluation on price indices of exported goods in Iran. The results of the research indicate that, when all agents do not adjust their earnings exactly with respect to price indices of products, the exchange rate pass-through is partial; therefore the increment in the level of exported prices is less than that of exchange rate variation. In contrast, when all agents adjust their earnings with respect to price indices, the price indices of all products will increase as much as exchange rate variation, hence, the pass-through is complete, and as a result, the current devaluation policy is neutral. https://ier.ut.ac.ir/article_60864_a9b0c63ca71c7d9417751d29dd908069.pdf