<heading format="display" id="h1" implicit="yes" level="1">Abstract</heading> Are US exports different from China's exports? If so, how? This article attempts to answer this question, using product-level manufacturing import data from Japan. To make the comparison clear, this article also examines exports from the EU. The results indicate that more than 85 per...

We have used the Michigan Computable General Equilibrium (CGE) Model of World Production and Trade to calculate the aggregate welfare and sectoral employment effects of the menu of US-Japan trade policies. The menu of policies encompasses the various preferential US and Japan bilateral and...

While in many advanced countries the increasing import competition from China on employment is a major concern for policymakers and the general public, its impact of Chinese import competition could be different across countries, depending upon the volume and the composition of the products....

In the light of the importance of foreign direct investment (FDI) for the promotion of economic development, this paper examines the impact of the changes in the real exchange rate and its volatility on FDI. Examining Japan's FDI by industries, we found that the depreciation of the currency of...

We use the Michigan Model of World Production and Trade to assess the economic effects of the US bilateral FTAs negotiated with Central America, Australia and Morocco. The model covers 18 economic sectors in each of 22 countries/regions and is based on version 5.4 of the GTAP database for 1997...