How pervasive is the product cycle? The empirical dynamics of American and Japanese trade flows
Abstract: This paper looks for dynamic patterns in international trade flows using multilateral American and Japanese data disaggregated to the four-digit SITC level. Little evidence is found of product-cycle dynamics between 1962 and 1988; rather, goods that begin the sample in surplus (deficit) tend to remain in surplus (deficit) throughout the sample.
File(s): File format is text/html http://www.federalreserve.gov/pubs/ifdp/1991/410/default.htm
File(s): File format is application/pdf http://www.federalreserve.gov/pubs/ifdp/1991/410/ifdp410.pdf
Part of Series: International Finance Discussion Papers
Publication Date: 1991