Is Japan's Trade (still) Different?
AbstractDoes Japanese trade in manufactured goods differ from the rest-of-the world average and from the U.S.? We use a simple industry-level gravity model and 1981-1998 data to answer this question. We construct a measure of normalized imports by dividing bilateral industry-level imports by the importer's aggregate absorption and the exporter's industry output. We find that Japan imports less than other countries, but also exports less than other countries. Relative to the U.S., Japanese export performance is half as strong today as it was in the mid-1980s. Bilaterally, Japan's normalized imports from the U.S. are greater than U.S. normalized imports from Japan.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 10058.
Date of creation: Nov 2003
Date of revision:
Contact details of provider:
Postal: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.
Web page: http://www.nber.org
More information through EDIRC
Other versions of this item:
- Harrigan, James & Vanjani, Rohit, 2003. "Is Japan's trade (still) different?," Journal of the Japanese and International Economies, Elsevier, vol. 17(4), pages 507-519, December.
- F1 - International Economics - - Trade
This paper has been announced in the following NEP Reports:
- NEP-ALL-2003-11-30 (All new papers)
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.:
- James Harrigan, 2001.
"Specialization and the volume of trade: do the data obey the laws?,"
140, Federal Reserve Bank of New York.
- James Harrigan, 2001. "Specialization and the Volume of Trade: Do the Data Obey the Laws?," NBER Working Papers 8675, National Bureau of Economic Research, Inc.
- Edward E. Leamer, 1988.
"Measures of Openness,"
in: Trade Policy Issues and Empirical Analysis, pages 145-204
National Bureau of Economic Research, Inc.
- Gary R. Saxonhouse, 1989.
"Differentiated Products, Economies of Scale, and Access to the Japanese Market,"
in: Trade Policies for International Competitiveness, pages 145-184
National Bureau of Economic Research, Inc.
- Saxonhouse, G.R., 1988. "Differentiated Products, Economies Of Scale And Access To The Japanese Market," Working Papers 228, Research Seminar in International Economics, University of Michigan.
- Jonathan Eaton & Samuel Kortum, 2002. "Technology, Geography, and Trade," Econometrica, Econometric Society, vol. 70(5), pages 1741-1779, September.
- Harrigan, James, 1996. "Openness to trade in manufactures in the OECD," Journal of International Economics, Elsevier, vol. 40(1-2), pages 23-39, February.
- Lionel Fontagné & Thierry Mayer & Soledad Zignago, 2005.
"Trade in the Triad: how easy is the access to large markets?,"
Canadian Journal of Economics,
Canadian Economics Association, vol. 38(4), pages 1401-1430, November.
- Fontagne, Lionel & Mayer, Thierry & Zignago, Soledad, 2004. "Trade in the Triad: How Easy is the Access to Large Markets?," CEPR Discussion Papers 4442, C.E.P.R. Discussion Papers.
- Lionel Fontagné & Thierry Mayer & Soledad Zignago, 2004. "Trade in the Triad: How Easy is the Access to Large Markets?," Working Papers 2004-04, CEPII research center.
- Soledad Zignago & Lionel Fontagné & Thierry Mayer, 2005. "Trade in the Triad: how easy is the access to large markets?," Sciences Po publications info:hdl:2441/10189, Sciences Po.
- Tiwari, Aviral & Shahbaz, Muhammad, 2011. "India's trade with USA and her trade balance: An empirical analysis," MPRA Paper 29023, University Library of Munich, Germany.
- Uttam Kumar Deb, 2006. "Rules of Origin and Non-Tariff Barriers in Agricultural Trade: Perspectives from Bangladesh and Cambodia," Working Papers 1206, Asia-Pacific Research and Training Network on Trade (ARTNeT), an initiative of UNESCAP and IDRC, Canada..
- Yusuf, Shahid & Nabeshima, Kaoru, 2005. "Japan's changing industrial landscape," Policy Research Working Paper Series 3758, The World Bank.
- Alessandro Olper & Valentina Raimondi, 2008.
"Explaining National Border Effects in the QUAD Food Trade,"
Journal of Agricultural Economics,
Wiley Blackwell, vol. 59(3), pages 436-462, 09.
- Olper, Alessandro & Raimondi, Valentina, 2006. "Explaining National Border Effects in the Quad Food Trade," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25467, International Association of Agricultural Economists.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If references are entirely missing, you can add them using this form.