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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w13942 |
来源ID | Working Paper 13942 |
Exporting Deflation? Chinese Exports and Japanese Prices | |
David Weinstein; Christian Broda | |
发表日期 | 2008-04-16 |
出版年 | 2008 |
语种 | 英语 |
摘要 | Between 1992 and 2002, the Japanese Import Price Index registered a decline of almost 9 percent and Japan entered a period of deflation. We show that much of the correlation between import prices and domestic prices was due to formula biases. Had the IPI been computed using a pure Laspeyres index like the CPI, the IPI would have hardly moved at all. A Laspeyres version of the IPI would have risen 1 percentage point per year faster than the official index. Second we show that Chinese prices did not behave differently from the prices of other importers. Although Chinese prices are substantially lower than the prices of other exporters, they do not exhibit a differential trend. However, we estimate that the typical price per unit quality of a Chinese exporter fell by half between 1992 and 2005. Thus the explosive growth in Chinese exports is attributable to growth in the quality of Chinese exports and the increase in new products being exported by China. |
主题 | Macroeconomics ; Business Cycles ; International Economics ; Trade |
URL | https://www.nber.org/papers/w13942 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/571614 |
推荐引用方式 GB/T 7714 | David Weinstein,Christian Broda. Exporting Deflation? Chinese Exports and Japanese Prices. 2008. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w13942.pdf(493KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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