How Pervasive Is the Product Cycle? The Empirical Dynamics of American and Japanese Trade Flows
AbstractThis paper looks for dynamic patterns in international trade flows using comprehensive multilateral American and Japanese data disaggregated to the four-digit SITC level. Little evidence is found of product-cycle dynamics between 1962 and 1988. Rather, goods that begin the sample in surplus (deficit) almost always remain in surplus (deficit) throughout the sample.
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Bibliographic InfoPaper provided by Department of Economics, Institute for Business and Economic Research, UC Berkeley in its series Department of Economics, Working Paper Series with number qt5g98559s.
Date of creation: 01 Dec 1991
Date of revision:
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More information through EDIRC
international trade; product cycle; factor proportions; Social and Behavioral Sciences;
Other versions of this item:
- Joseph E. Gagnon & Andrew K. Rose, 1992. "How Pervasive is the Product Cycle? The Empirical Dynamics of American and Japanese Trade Flows," NBER Working Papers 3946, National Bureau of Economic Research, Inc.
- Joseph E. Gagnon & Andrew K. Rose, 1991. "How pervasive is the product cycle? The empirical dynamics of American and Japanese trade flows," International Finance Discussion Papers 410, Board of Governors of the Federal Reserve System (U.S.).
- Joseph E. Gagnon and Andrew K. Rose., 1991. "How Pervasive Is the Product Cycle? The Empirical Dynamics of American and Japanese Trade Flows," Economics Working Papers 91-186, University of California at Berkeley.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Krugman, Paul, 1979. "A Model of Innovation, Technology Transfer, and the World Distribution of Income," Journal of Political Economy, University of Chicago Press, vol. 87(2), pages 253-66, April.
- Vernon, Raymond, 1979. "The Product Cycle Hypothesis in a New International Environment," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 41(4), pages 255-67, November.
- J. Finger, 1975. "A new view of the product cycle theory," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 111(1), pages 79-99, March.
- Grossman, G.M. & Helpman, E., 1989.
"Endogemour Product Cycles,"
10-89, Tel Aviv.
- Deardorff, Alan V., 1984. "Testing trade theories and predicting trade flows," Handbook of International Economics, in: R. W. Jones & P. B. Kenen (ed.), Handbook of International Economics, edition 1, volume 1, chapter 10, pages 467-517 Elsevier.
- Grossman, G.M. & Helpman, E., 1989.
"Endogenous Prduct Cycles,"
144, Princeton, Woodrow Wilson School - Public and International Affairs.
- Mika Saito, 2000. "The Empirical Investigation of The Kemp-Jones Model: The Case of OECD Countries," Econometric Society World Congress 2000 Contributed Papers 1159, Econometric Society.
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