TY  - JOUR
AU  - Harrigan,James
AU  - Vanjani,Rohit
TI  - Is Japan's Trade (still) Different?
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 10058
PY  - 2003
Y2  - November 2003
UR  - http://www.nber.org/papers/w10058
L1  - http://www.nber.org/papers/w10058.pdf
N1  - Author contact info:
James Harrigan
Department of Economics
University of Virginia
P.O. Box 400182
Charlottesville, VA 22904-4182
Tel: 434-243-8354
Fax: 434-982-2904
E-Mail: harrigan@nber.org

Rohit Vanjani
E-Mail: rohit@newage3.stanford.edu
M1  - published as Harrigan, James and Rohit Vanjani. "Is Japan's Trade (Still) Different?," Journal of the Japanese and International Economies, 2003, v17(4,Dec), 507-519.
AB  - Does Japanese trade in manufactured goods differ from the rest-of-the world average and from the U.S.? We use a simple industry-level gravity model and 1981-1998 data to answer this question. We construct a measure of normalized imports by dividing bilateral industry-level imports by the importer's aggregate absorption and the exporter's industry output. We find that Japan imports less than other countries, but also exports less than other countries. Relative to the U.S., Japanese export performance is half as strong today as it was in the mid-1980s. Bilaterally, Japan's normalized imports from the U.S. are greater than U.S. normalized imports from Japan.
ER  -