Terms of trade, catch-up, and home market effect the example of Japan
This paper explores theoretically and empirically the long run relation of the terms of trade (ratio of domestic and foreign prices of traded manufacturing goods) and economic growth of a pair of industrialized countries, one of which experiences a major catch-up process towards the other. It is sho...
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Format: | UnknownFormat |
Sprache: | eng |
Veröffentlicht: |
Munich
Univ., Center for Economic Studies u.a.
2007
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Schriftenreihe: | CESifo working paper series Monetary policy and international finance
2164 |
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