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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Weitere Verfasser: Urban, Dieter M. (BerichterstatterIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: Munich Univ., Center for Economic Studies u.a. 2007
Schriftenreihe:CESifo working paper series Monetary policy and international finance 2164
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