G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w1848
来源IDWorking Paper 1848
Productivity Growth and Changes in the Terms of Trade in Japan and the U.S.
Catherine J. Morrison; W. Erwin Diewert
发表日期1986-03-01
出版年1986
语种英语
摘要In this paper we employ a recently proposed procedure (Dlewert and Morrison[1985]) for adjusting real domestic product and productivity for changes in a country's terms of trade. We apply this procedure to a comparison of two major industrialized countries, the U.S. and Japan. The approach is based on assessing the impact on, alternatively, production or final sales to domestic purchasers, of changes in terms of trade and the balance of payments deficit in a consistent accounting framework. This treatment of international trade allows for comparative statics analysis based only on production theory. The comparison is carried out for a relatively open economy, Japan, with an economy that may not be as vulnerable to terms of trade changes, the U.S. for the years 1967 to 1982.
主题Industrial Organization ; International Economics
URLhttps://www.nber.org/papers/w1848
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/559095
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Catherine J. Morrison,W. Erwin Diewert. Productivity Growth and Changes in the Terms of Trade in Japan and the U.S.. 1986.
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