Iwatsubo, Kentaro; Karikomi, Shunji - East Asian Bureau of Economic Research (EABER) - 2006
.S. dollar for several years, it has been fluctuating against the Japanese yen, which provides us with a natural experiment to … industry, in which Japanese firms division of production process is prevailing, we find no evidence of exchange rate impact on …, mitigated by Japanese firms overseas production and pricing structure. …