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Southeast Asian and Latin American countries and both the United States and Japan. Foreign direct investment by both Japan and … rates. Also, trade between the countries in our sample and the United States and Japan is significantly affected by foreign …
Persistent link: https://www.econbiz.de/10013230184
factors to the role of capital flows in the currency crises in different countries, especially Thailand, Indonesia, and Korea …
Persistent link: https://www.econbiz.de/10013221289
We examine the generalizability of internally valid estimates of causal effects in a fixed population over time when that population is subject to aggregate shocks. This temporal external validity is shown to depend upon the distribution of the aggregate shocks and the interaction between these...
Persistent link: https://www.econbiz.de/10012986284
By looking at how an East Asian currency moves when the yen fluctuates sharply against the US dollar, we sometimes find that the reaction has been much more significant than would be suggested by the econometric estimates of the weight of the yen in nominal exchange rate determination. Moreover,...
Persistent link: https://www.econbiz.de/10013246656
, Indonesia, and the United States. When we aggregate across all products, most of the countries analyzed experienced a decline in …
Persistent link: https://www.econbiz.de/10013139522
regions, the US, China, EU, Japan and Rest of the World, and calibrated to a global 2009 micro consistent data set. The other … debated. In a US-China trade conflict, Europe and Japan would seem gainers from preferential access to US and Chinese markets … Japan from trade diversion if the substitutions elasticities of imports are high. Costs will are borne by the US and China …
Persistent link: https://www.econbiz.de/10013120993
This paper tries to make sense of the recent trade dispute between the U.S. and Japan in autos and auto parts. The … Japan, and that these differences have contributed to the growing bilateral trade deficit in auto parts. The paper also …
Persistent link: https://www.econbiz.de/10013102060
Japan suggests that foreign firms sell five to six times more in Japan than is commonly believed. Previous studies severely … underestimated the stock of FDI in Japan due to poor data. Second, after finding that even after adjusting for various factors the … level of FDI in Japan is still low, the paper explores explanations for this phenomenon. A second main conclusion is that …
Persistent link: https://www.econbiz.de/10013082414
liberalization of restrictions on capital mobility in Japan since the late 1970s on market efficiency …
Persistent link: https://www.econbiz.de/10013249380
region. We find that features of a country associated with more trade with either Japan or the United States also tend to be … associated with more DFI from Japan or the United States. U.S. economic relations with Japan and Western Europe provide an … important exception. Despite U.S. concern about its trade deficit with Japan, we find Japan to be much more open to the United …
Persistent link: https://www.econbiz.de/10012763473