| Budget Amount *help |
¥7,540,000 (Direct Cost: ¥5,800,000、Indirect Cost: ¥1,740,000)
Fiscal Year 2018: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
Fiscal Year 2017: ¥1,950,000 (Direct Cost: ¥1,500,000、Indirect Cost: ¥450,000)
Fiscal Year 2016: ¥1,950,000 (Direct Cost: ¥1,500,000、Indirect Cost: ¥450,000)
Fiscal Year 2015: ¥2,080,000 (Direct Cost: ¥1,600,000、Indirect Cost: ¥480,000)
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| Outline of Final Research Achievements |
We conducted five types of research on invoice currency and exchange rate/tariff pass-through and presented the research results through paper publications, conferences and workshops. First, we theoretically investigates the effect of invoice currency on the cost of currency integration. Second, we estimated the degree of exchange rate pass-through using the individual product level data of second-hand construction machinery in Japan and Thailand. Third, we examined the effect of export experiences on the choice of invoice currency using firm-level export data in Thailand. Forth, we conducted the survey of recent trend of invoice currencies in Japan's imports and exports. Fifth, we investigated tariff pass-through in Indonesia.
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