Working Paper

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.

Keywords: International trade; Japan;

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File(s): File format is application/pdf http://www.federalreserve.gov/pubs/ifdp/1991/410/ifdp410.pdf

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Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: International Finance Discussion Papers

Publication Date: 1991

Number: 410