How Pervasive is the Product Cycle? The Empirical Dynamics of American and Japanese Trade Flows /

Gagnon, Joseph E.

How Pervasive is the Product Cycle? The Empirical Dynamics of American and Japanese Trade Flows / Joseph E. Gagnon, Andrew K. Rose. - Cambridge, Mass. National Bureau of Economic Research 1992. - 1 online resource: illustrations (black and white); - NBER working paper series no. w3946 . - Working Paper Series (National Bureau of Economic Research) no. w3946. .

January 1992.

This 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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