Japan-U.S. trade balance at commodity level and asymmetric effects of Yen-Dollar rate
Yazarlar (2)
Mohsen Bahmani-Oskooee
University Of Wisconsin-Milwaukee, Amerika Birleşik Devletleri
University Of Wisconsin-Milwaukee, Amerika Birleşik Devletleri
Prof. Dr. Hüseyin KARAMELİKLİ Karabük Üniversitesi, Türkiye
| Makale Türü | Özgün Makale (SSCI, AHCI, SCI, SCI-Exp dergilerinde yayınlanan tam makale) | ||
| Dergi Adı | Japan and the World Economy (Q3) | ||
| Dergi ISSN | 0922-1425 Dergi Bilgileri (2018) | ||
| Dergi Tarandığı Indeksler | SSCI | ||
| Makale Dili | İngilizce | Basım Tarihi | 12-2018 |
| Kabul Tarihi | – | Yayınlanma Tarihi | 01-12-2018 |
| Cilt / Sayı / Sayfa | 48 / 1 / 1–10 | DOI | 10.1016/j.japwor.2018.06.002 |
| Makale Linki | https://linkinghub.elsevier.com/retrieve/pii/S0922142518300410 | ||
| UAK Araştırma Alanları |
Uluslararası Ticaret
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| Özet |
| Previous research that applied the new nonlinear methods to Japan’s trade balance with the rest of the world or between Japan and its major partner, the U.S., could not discover any asymmetric effects of exchange rate changes. Suspecting that aggregation bias could play a role, in this paper we concentrate on the Japan-U.S. trade balance but disaggregate their trade flows by commodity and consider the response of the trade balance of each of the 56 industries to industry-specific real exchange rate changes. We find short-run asymmetric effects of exchange rate changes in 44 industries and short-run impact asymmetric effects in 19 industries. However, the short-run effects lasted into long-run asymmetric effects in 18 industries. Small as well as large industries are included. Our approach identifies industries that will benefit from a yen depreciation or that will be hurt from a yen appreciation. |
| Anahtar Kelimeler |
| 56 industries | Asymmetric effects | Industry-specific exchange rate | Japan-U.S trade | Non-linear ARDL |
Science Direct
Japan-U.S. trade balance at commodity level and asymmetric effects of Yen-Dollar rate
BM Sürdürülebilir Kalkınma Amaçları
| Atıf Sayıları | |
| Web of Science | 9 |
| Scopus | 10 |
| Google Scholar | 20 |