@techreport{Thorbecke2011effect,
abstract = {This paper investigates how exchange rates affect Japanese exports. This is difficult because many of Japan's exports are used to produce goods for re-export. An appreciation in the importing country that decreases exports can decrease its imported inputs from Japan. To correct for this bias we examine consumption exports. Using a panel dataset of Japan's consumption exports to 17 countries over the 1988-2009 period, we find that a 10% appreciation of the yen would reduce Japan's consumption goods exports by 9%. These results indicate that the large swings in the value of the yen over the last decade have caused large swings in the volume of Japanese exports.},
address = {Tokyo},
author = {Willem Thorbecke and Atsuyuki Kato},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {F30; F32; 330; Wechselkursrisiko; Au\ss{}enhandelseffekt; Konsumgut; Japan},
language = {eng},
number = {298},
publisher = {Asian Development Bank Institute},
title = {The effect of exchange rate changes on Japanese consumption exports},
type = {ADBI working paper series},
url = {http://hdl.handle.net/10419/53660},
year = {2011}
}
