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dc.contributor.authorThorbecke, Willemen_US
dc.contributor.authorKato, Atsuyukien_US
dc.description.abstractThis 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.en_US
dc.publisherAsian Development Bank Institute (ADBI) Tokyoen_US
dc.relation.ispartofseriesADBI working paper series 298en_US
dc.titleThe effect of exchange rate changes on Japanese consumption exportsen_US
dc.typeWorking Paperen_US
Appears in Collections:ADBI Working Paper Series, Asian Development Bank Institute (ADBI)

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