Gagnon, Joseph E. <br/><br/>
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. .
<br/><br/> January 1992. 
<br/><br/> 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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