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In Figure two, the sudden rise in the oil value has a important damaging impact on Japanese casino guests at as soon as but has nonsignificant effects in subsequent periods. On the other hand, delayed responses are shown from the exchange rate and for exports. The rise in the exchange rate , or the raise in exports, has a nonsignificant impact till period two, when a optimistic response appears, which is constant with traditional wisdom. For Mainland China, as observed in Figure 3, exports and the interest rate have an immediate impact on casino visitors. As expected, the improve in exports increases casino guests.
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