Japan and Korea are close countries in terms of economic interaction as well as geography. To quantify the impact of changes in the yen-dollar exchange rate on the Korean economy before and after the crisis in 1997, the sample period has been divided into two sub-periods and the causal...

Japan and the Republic of Korea (Korea) are close countries in terms of economic interaction and geography and important to the economic growth and development of the region. To quantify the impact of changes in the yen/dollar exchange rate and Japanese industrial production on the Korean...