In this study, we investigate the dynamics of the trilateral trade relationship among the U.S., Japan and an emerging economy in the Pacific Basin. Our particular attention is paid to two emerging countries; China and Mexico. In what we call the “triangular trade approach,” we explore how...

Political conflicts among trading partners have changed their forms with ever-increasing flows of foreign direct investment. A decrease in the exports of Japan might merely be a reflection of a global production shift by Japanese multinational corporations. We investigate the effect of Japanese...

The paper uses a dynamic panel data model to estimate the pass-through coefficients of 20 nine-digit industrial commodities that are traded between Japan and its East Asian trading partners to investigate the response of tradable goods prices to exchange rate movements. By using the monthly...

We aim to investigate transition and trend of outsourcing production among Asian Economies. With the use of highly-disaggregated Harmonized System (HS) classification code dataset, we can investigate narrowly-defined intermediate manufacturing products within automobile industry. By calculating...

Multinational firms engage in foreign direct investments to minimize production costs and trade costs. In stead of making foreign direct investment, a firm may find optimal to produce in a periphery region of home country as an export-platform base to minimize these costs. With over 1,000...

This paper contributes to the existing empirical investigation of Japan-Korea international trade by providing new evidence of intra-industry trade between Korea and Japanese sub-regions. Taking advantage of a Japanese international trade dataset disaggregated by sub-regions, we calculate the...

Utilizing the world panel dataset for the pollution emission embedded in international trade for the period between 1988 and 2009, we investigated whether the composition of international trade of a country moved away from pollution-intensive industries as its income level rises. The empirical...

In this paper, we provide an overview of the development of intraindustry (IIT) trade between Japan and various European countries, including both old and new EU members, as well as emerging Eastern European countries. For the measurement of intra-industry trade, we construct a vertical...

We examine the effect of foreign direct investment by exporters on a price of their exporting products. We propose several theoretical models of foreign direct investment for both vertical market structure and horizontal expansions of plants. The features of models considered include partial...

We introduce an explicit incorporation of local distributors in an analysis of pricing behavior of exporting firms in the pricing-to-market literature. We examine pricing behaviors of exporting firms under four different cases of vertical structure; in the case of an independent local distributor...