featuring market effects trade models to account for the structure of regional production in Japan. We find support for the …

featuring market effects trade models to account for the structure of regional production in Japan. We find support for the …

reference to Japan's intellectual and cultural heritage, its pressing national priorities, and the situation of the Japanese …

for a theory-based assessment of the magnitude of the gains from trade. The recent experimental evidence on Japan's 19th … century opening up to world trade provides a strong case for the hypothesis that comparative advantage governed Japan …'s international trade in its early trading years. The aggregate gains from that trade are estimated to be no larger than 9 % of Japan …

theory-based assessment of the magnitude of the gains from trade. The recent experimental evidence on Japan's nineteenth …-century opening-up to world trade provides a strong case for the hypothesis that comparative advantage governed Japan's international … trade in its early trading years. The aggregate gains from that trade are estimated to be no larger than 9% of Japan's GDP …