Yoshida, Yūshi; Shimizu, Junko; Itō, Takatoshi; … - National Bureau of Economic Research - 2024
data, which records detailed information, including the trading partners' names, invoicing currency, and product … descriptions. The strategic complementarity mechanism, that is, choosing the same invoice currency as others in the same industry … origins match in the same year. It is found that currency matching for exports and imports is as essential as strategic …