Abstract
This paper uses a Gravity Model to analyze the border effect in the Japanese market, which indicates how biased interregional trade is compared with international trade. The results suggest that the border effect in Japan is much lower than in the United States and Canada, and has declined year by year between 1960 and 1990. Possible reasons for the decline include the reduction of tariff rates and non-tariff barriers, the surge of foreign direct investment, and the appreciation of the yen.
Original language | English |
---|---|
Pages (from-to) | 1-11 |
Number of pages | 11 |
Journal | Journal of The Japanese and International Economies |
Volume | 18 |
Issue number | 1 |
DOIs | |
Publication status | Published - 2004 Mar |
Externally published | Yes |
Keywords
- Border effect
- Gravity Model
- International trade
- Interregional trade
ASJC Scopus subject areas
- Finance
- Economics and Econometrics
- Political Science and International Relations