The Japanese Trade Balance: Recent History and Future Prospects

David Backus

No 4553, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: 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.

JEL-codes: F31 F32 (search for similar items in EconPapers)
Date: 1993-11
Note: IFM
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Published as Japan and the World Economy 10, (1998): 409-420.

Downloads: (external link)
http://www.nber.org/papers/w4553.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nbr:nberwo:4553

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w4553

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().