《《日元为什么没有成为亚洲计价货币Takatoshi Ito》.pdfVIP

NBER WORKING PAPER SERIES WHY HAS THE YEN FAILED TO BECOME A DOMINANT INVOICING CURRENCY IN ASIA? A FIRM-LEVEL ANALYSIS OF JAPANESE EXPORTERS INVOICING BEHAVIOR Takatoshi Ito Satoshi Koibuchi Kiyotaka Sato Junko Shimizu Working Paper 16231 /papers/w16231 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138 July 2010 This study is supported by the Research Institute of Economy, Trade and Industry (RIETI) and the Ministry of Economy, Trade and Industry (METI). We wish to thank Masahiko Ozaki, Eiji Ogawa, Fukunari Kimura, Yuri Sasaki, Etsuro Shioji, and Kentaro Kawasaki for their supports on our interview research. We are grateful to Yusuke Naito, Kazunobu Hayakawa and Taiyo Yoshimi for their capable research assistance. We also thank Linda Goldberg, David Weinstein, Rebecca Hellerstein, Paolo Pesenti, Hugh Patrick, Shin-ichi Fukuda, Yuko Hashimoto, Robert Dekle, Masahiro Enya, Masanori Ono, and Zhang Zhiwei for their helpful comments on the earlier version of this paper. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. NBER working papers are circulated for discussion and comment purposes. They have not been peer- reviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications. © 2010 by Takatoshi Ito, Satoshi Koibuchi, Kiyotaka Sato, and Junko Shimizu. All rights reserved. Short sections of t