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The effects of Japanese economic performance on Indonesia


  • Hakan Berument
  • Nildag Basak Ceylan
  • Bengisu Vural


This paper assesses how Japanese economic performance affects the Indonesian economy for the 1988 to 2004 period. The empirical evidence provided here suggests that Japanese growth appreciates the local currency in real terms, decreases the inflation and increases growth. As a side issue, we also documented that real exchange rate depreciation accelerates inflation and decreases growth in Indonesia.

Suggested Citation

  • Hakan Berument & Nildag Basak Ceylan & Bengisu Vural, 2006. "The effects of Japanese economic performance on Indonesia," Applied Economics Letters, Taylor & Francis Journals, vol. 13(8), pages 499-502.
  • Handle: RePEc:taf:apeclt:v:13:y:2006:i:8:p:499-502 DOI: 10.1080/00036840500400582

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    References listed on IDEAS

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    8. Schmitt-Grohe, Stephanie, 1998. "The international transmission of economic fluctuations:: Effects of U.S. business cycles on the Canadian economy," Journal of International Economics, Elsevier, vol. 44(2), pages 257-287, April.
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    10. Athanasios Vamvakidis & Vivek B. Arora, 2001. "The Impact of U.S. Economic Growthon the Rest of the World; How Much Does it Matter?," IMF Working Papers 01/119, International Monetary Fund.
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