Junko, SHIMIZU; Kiyotaka, SATO - Research Institute of Economy, Trade and Industry (RIETI) - 2015
, which was expected to have a positive impact on Japan's trade balance. Contrary to the J-curve effect, however, Japan …'s trade balance has not shown any signs of improvement, even though two years have passed. There is a growing concern that … positive effect of the yen depreciation on Japan's trade balance, which is empirically supported by the auto …