Has Japan Been Left Out in the Cold by Regional Integration?

Bank of Japan, IMES Working Paper No. 2001-E-15

28 Pages Posted: 30 Oct 2001

See all articles by Howard J. Wall

Howard J. Wall

Lindenwood University - Center for Economics and the Environment

Date Written: August 2001

Abstract

Despite the ongoing worldwide trend toward regional integration, Japan has remained outside of all regional trading agreements. Because more than 60 percent of Japan's trade is with countries that are members of a major regional bloc, this reluctance may have had significant effects on its pattern and volume of trade. Indeed, I find that Japan's exports have been reduced by the integration of its trading partners, and that this effect has been fairly uniform across integration regimes. I also find that of regional trading agreements have tended to have a much more negative effect on Japanese trade than on the trade of other non-members.

Keywords: regional integration, Japanese trade, gravity model

JEL Classification: F14, F15

Suggested Citation

Wall, Howard J., Has Japan Been Left Out in the Cold by Regional Integration? (August 2001). Bank of Japan, IMES Working Paper No. 2001-E-15, Available at SSRN: https://ssrn.com/abstract=288327 or http://dx.doi.org/10.2139/ssrn.288327

Howard J. Wall (Contact Author)

Lindenwood University - Center for Economics and the Environment ( email )

209 S. Kingshighway
St. Charles, MO 63301
United States

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
92
Abstract Views
1,388
rank
314,016
PlumX Metrics