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reaction to adverse shocks to Sino-Japanese relations in 2005 and 2010. Japanese companies with high China exposure suffer …
Persistent link: https://www.econbiz.de/10013054515
We exploit the recent declassification of CIA documents and examine whether there is evidence of US power being used to influence countries' decisions regarding international trade. We measure US influence using a newly constructed annual panel of CIA interventions aimed at installing and...
Persistent link: https://www.econbiz.de/10013143469
realignment of world growth rates -- with Japan and Europe growing faster, and the U.S. growing more slowly -- is likely to solve … a percentage point of GDP. Taken together, these results indicate that a realignment of global growth -- with Japan and … significant exchange rate movements. This analysis also suggests that a reduction in China's (very) large surplus will be needed …
Persistent link: https://www.econbiz.de/10012777651
Why would the US threaten punitive tariffs on luxury autos to implement a market share target in auto parts? We show that by making threats to a linked market, a market share may be implemented with fairly weak informa- tional and administrative requirements. Moreover, such policies can be both...
Persistent link: https://www.econbiz.de/10013309220
Department) brought about a 1986 trade agreement in which the United States forced Japan to end the 'dumping' of semiconductors … 'affirmative action' for the industry in its efforts to sell more in Japan, but has been criticized as constituting 'export …
Persistent link: https://www.econbiz.de/10013310555
By 1981, Japan achieved both internal and external equilibrium; exports and imports roughly balanced at sixteen percent …
Persistent link: https://www.econbiz.de/10013324483
regions, the US, China, EU, Japan and Rest of the World, and calibrated to a global 2009 micro consistent data set. The other … debated. In a US-China trade conflict, Europe and Japan would seem gainers from preferential access to US and Chinese markets … Japan from trade diversion if the substitutions elasticities of imports are high. Costs will are borne by the US and China …
Persistent link: https://www.econbiz.de/10013120993
. Japan's joining TPP would be beneficial to both herself and all other TPP countries, but negative effects on China and other … other pacific countries are included, China is notable for its exclusion from the process thus far. This paper uses … numerical simulation methods to assess the potential effects of a TPP agreement on China and the other participating countries …
Persistent link: https://www.econbiz.de/10013106304
competitive devaluations. The sheer size of China, and its lower sterilization costs suggests that China may be the winner of a … and precautionary motives in the context of China may be challenged by a version of the quot;peso problem.quot; Hoarding …
Persistent link: https://www.econbiz.de/10012776454
China and America's other trading partners manipulate their exchange rates, and (b) the nature of the Chinese exchange rate … bilateral deficit, though other variables also turn out to be quite important. On the issue of China's de facto exchange rate …
Persistent link: https://www.econbiz.de/10012776947