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Shake Hands or Shake Apart? International Relationship of Japan with Global Blocs

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Author Info
Toshihiro Okubo

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Abstract

Despite the world-wide spread of economic blocs following the Great Depression, Japan sought to find trade partners outside of its own bloc and to maintain a relationship with some foreign blocs, in particular maintaining a connection with the British Commonwealth and the Sterling bloc. The 1930s bloc economies did not isolate Japan. Also, in the early period of the cold war after World War II, capitalist blocs did not significantly isolate Japan. Econometric analysis of Japan’s trade and world trade over the period from 1890 to 1955 based on a development of a gravity equation illustrates these statements.

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File URL: http://www.cepii.fr/anglaisgraph/publications/economieinter/rev113/ei113b.htm
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Publisher Info
Article provided by CEPII research center in its journal Economie Internationale.

Volume (Year): (2008)
Issue (Month): 1Q ()
Pages: 35-64
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Handle: RePEc:cii:cepiei:2008-1tb

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Related research
Keywords: Trade/currency blocs; bloc economy; trade creation/diversion; gravity equation; border effect; globalisation;

Find related papers by JEL classification:
F10 - International Economics - - Trade - - - General
F15 - International Economics - - Trade - - - Economic Integration
N70 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - General, International, or Comparative

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This page was last updated on 2009-11-22.

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