Economic Effects of Political Shocks to Sino-Japanese Relations (2005-2014)

Description

Diplomatic issues, i.e. the textbook discussion, the Yasukuni debate, and the Senkaku/Diaoyu Islands dispute cause political shocks to Japan-China relations, but economic exchange is maintained. Franziska Schultz discusses political shocks within bilateral relations, analyzing shocks in 2005, 2010 and 2012 causing economic spillovers, such as boycotts, property damage and decreasing numbers of Chinese tourists to Japan. The correlation of monthly trade data with political conflict values (2005-2014) created by the author is analyzed with a vector autoregression (VAR) model. A qualitative content analysis of reports by the Japan-China Economic Association (1981-2015) according to Früh (2011) evaluates whether spillovers play a role for Japanese economic actors involved in China business. Front Matter ....Pages i-xvi Introduction (Franziska Schultz)....Pages 1-5 Theoretical Background (Franziska Schultz)....Pages 7-22 State of Research (Franziska Schultz)....Pages 23-40 Examples for Spillovers of Political Shocks (Franziska Schultz)....Pages 41-56 Analyzing the Correlation between Sino-Japanese Monthly Trade and Conflict Values (2006-2014) with Vector Autoregression (VAR) (Franziska Schultz)....Pages 57-72 Spillovers of Political Shocks to Sino-Japanese Relations in Annual Reports of the Japan-China Economic Association (1981-2015) (Franziska Schultz)....Pages 73-105 Conclusion (Franziska Schultz)....Pages 107-113 Back Matter ....Pages 115-156