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 InfoPaper provided by Research Institute for Economics & Business Administration, Kobe University in its series Discussion Paper Series with number DP2010-06.
Length: 44 pages
Date of creation: Feb 2010
Date of revision:
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Trade/ Currency Blocs; Bloc Economy; Trade Diversion; Gravity equation; GATT;
Other versions of this item:
- Toshihiro Okubo, 2008. "Shake Hands or Shake Apart? International Relationship of Japan with Global Blocs," Economie Internationale, CEPII research center, issue 113, pages 35-64.
- 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
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-03-20 (All new papers)
- NEP-HIS-2010-03-20 (Business, Economic & Financial History)
- NEP-INT-2010-03-20 (International Trade)
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- Michael J. Artis & Toshihiro Okubo, 2012.
"Business Cycle, Currency And Trade, Revisited,"
Pacific Economic Review,
Wiley Blackwell, vol. 17(1), pages 160-180, 02.
- 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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