Description |
1 online resource (40 pages). |
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text file |
Series |
IMF working paper ; WP/12/171
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IMF working paper ; WP/12/171.
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Note |
Title from PDF title page (IMF Web site, viewed Jul. 11, 2012). |
Summary |
A surge of exports in the 2000s helped Japan exit the severe decade-long stagnation known as the lost decade. Using panel data of Japanese exporting firms, we examine the sources of the export surge during this period. One view argues that the so-called "divine wind" or exogenous external demand boosted Japanese exports. The other view emphasizes the role of supply factors such as productivity gains, materialized after long-fought restructuring efforts during the lost decade. Estimating the firm-level export function allows us to assess the relative importance of these demand and supply factors. Evidence shows that firms' efforts were more important than the divine wind. |
Bibliography |
Includes bibliographical references. |
Note |
"Strategy, Policy, and Review Department." |
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"July 2012." |
Local Note |
eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America |
Subject |
Exports -- Japan.
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Exports. |
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Japan. |
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Industrial productivity -- Japan.
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Industrial productivity. |
Genre/Form |
Electronic books.
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Added Author |
Saito, Mika, 1967-
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Tokutsu, Ichirō, 1953-
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International Monetary Fund. Strategy, Policy, and Review Department.
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ISBN |
9781475590401 |
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1475590407 |
ISSN |
2227-8885 |
Standard No. |
10.5089/9781475590401.001 |
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