The Japanese Trade Balance: Recent History and Future Prospects /
Backus, David K.
The Japanese Trade Balance: Recent History and Future Prospects / David K. Backus. - Cambridge, Mass. National Bureau of Economic Research 1993. - 1 online resource: illustrations (black and white); - NBER working paper series no. w4553 . - Working Paper Series (National Bureau of Economic Research) no. w4553. .
November 1993.
I examine the evolution of the Japanese trade balance and its relation to the terms of trade and the value of the yen. Using a vector time series model, I predict that the trade surplus will fall from a high of 3.7 percent of GNP in late 1992 to about 2.6 percent in 1995. This relatively modest decline is an indication that relative prices are not the dominant factor influencing the Japanese trade balance.
System requirements: Adobe [Acrobat] Reader required for PDF files.
Mode of access: World Wide Web.
The Japanese Trade Balance: Recent History and Future Prospects / David K. Backus. - Cambridge, Mass. National Bureau of Economic Research 1993. - 1 online resource: illustrations (black and white); - NBER working paper series no. w4553 . - Working Paper Series (National Bureau of Economic Research) no. w4553. .
November 1993.
I examine the evolution of the Japanese trade balance and its relation to the terms of trade and the value of the yen. Using a vector time series model, I predict that the trade surplus will fall from a high of 3.7 percent of GNP in late 1992 to about 2.6 percent in 1995. This relatively modest decline is an indication that relative prices are not the dominant factor influencing the Japanese trade balance.
System requirements: Adobe [Acrobat] Reader required for PDF files.
Mode of access: World Wide Web.