Shake Hands or Shake Apart? International Relationship of Japan with Global Blocs
AbstractDespite 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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Bibliographic InfoArticle provided by CEPII research center in its journal Economie Internationale.
Volume (Year): (2008)
Issue (Month): 113 ()
Trade/currency blocs; bloc economy; trade creation/diversion; gravity equation; border effect; globalisation;
Other versions of this item:
- Toshihiro Okubo, 2010. "Shake Hands or Shake Apart? International Relationship of Japan with Global Blocs," Discussion Paper Series DP2010-06, Research Institute for Economics & Business Administration, Kobe University.
- 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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- Michael J. Artis & Toshihiro Okubo, 2011.
"Business Cycle, Currency and Trade, Revisited,"
Keio/Kyoto Joint Global COE Discussion Paper Series
2011-019, Keio/Kyoto Joint Global COE Program.
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