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Title: |
Is There a J-Curve? A New Estimation for Japan |
| Author: |
Gupta-Kapoor,
Anju; Ramakrishnan, Uma |
| Author
Affiliation: |
Georgetown U |
| Source: |
International Economic Journal, Winter 1999, v. 13, no. 4, pp. 71-79 |
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Publication Date: |
Winter 1999 |
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Abstract: |
The controversial J-curve phenomenon is
empirically tested using quarterly data for Japan between 1975:1 and
1996:4. The effects of an appreciation of yen on the ratio of imports to
exports (M/X) is analyzed using an error correction model. The impulse
response function indicates that the J-curve holds for Japan during the
flexible exchange rate regime. |
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