Evidence of Shifts in the Determinants of Japanese Manufacturing Trade 1970-95
Using pooled cross-section and time-series data for 17 manufacturing industries in Japan, this paper examines whether and how Japan’s comparative advantage in manufacturing changed over the period 1970 to 1995. The results show that physical and human capital were the main sources of comparative advantage in manufacturing over the whole period, with human capital exerting the stronger influence. A gradual change in the relationship between net exports and factor intensities began to take place in the early to mid-1970s, when unskilled labour turned from being a source of comparative advantage to being a source of comparative disadvantage in manufacturing and human capital started to exert a significant influence on trade. The structural adjustment in Japan’s manufacturing trade with respect to unskilled labour lagged about five to ten years behind the United States.
|Date of creation:||Nov 2001|
|Date of revision:|
|Contact details of provider:|| Postal: Canberra ACT 2601|
Phone: (61-2) 6249 3780
Fax: (61-2) 6249 3941
Web page: https://crawford.anu.edu.au/research_units/ajrc/
More information through EDIRC
References listed on IDEAS
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.:
- Kellman, Mitchell & Landau, Daniel, 1984. "The nature of Japan's comparative advantage, 1965-80," World Development, Elsevier, vol. 12(4), pages 433-438, April.
- Leamer, Edward E, 1988. "The Sensitivity of International Comparisons of Capital Stock Measures to Different "Real" Exchange Rates," American Economic Review, American Economic Association, vol. 78(2), pages 479-83, May.
- Branson, William H. & Monoyios, Nikolaos, 1977. "Factor inputs in U.S. trade," Journal of International Economics, Elsevier, vol. 7(2), pages 111-131, May.
When requesting a correction, please mention this item's handle: RePEc:csg:ajrcau:321. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Akira Kinefuchi)
If references are entirely missing, you can add them using this form.