Matches in SemOpenAlex for { <https://semopenalex.org/work/W2039334496> ?p ?o ?g. }
Showing items 1 to 70 of
70
with 100 items per page.
- W2039334496 endingPage "104" @default.
- W2039334496 startingPage "57" @default.
- W2039334496 abstract "Measured in dollars, the Japanese current account surplus started to decline in 1989. But this is misleading : the actual reversal of the trend started in 1987, when this surplus, measured in yen, started to decline. This is due to a contraction of the trade balance which appears in every bilateral trade account. During the period 1987-1990, the prices of primary products declined while the terms of trade of manufactured goods were almost stable despite the wide fluctuations of the exchange rate. Consequently, the contraction of the current account surplus is due to the movements affecting the volumes of manufactured goods : decelerating exports, accelerating imports. Changes in the dollar-yen exchange rate largely explain those volume movements despite a very active behaviour of Japanese exporting firms on their profit margins. This behaviour is particularly noticeable for equipment goods, and still shows in sectors confronted with quantitative restrictions in importing countries. External trade of manufactured goods is increasingly split between high value added exports and low value-added imports. This is consistent with the long-term trend of appreciation followed by the yen and by direct investments overseas. Direct investments overseas account for only a small fraction of capital outflows. Global outflows largely excède the current account surplus, which explains part of the yen depreciation in 1988-1989. The current account surplus will probably register a small growth in the coming quarters despite the surge of oil prices. But it will eventually drift downwards as the surplus in manufactured goods will diminish, while the yen will follow its appreciation trend." @default.
- W2039334496 created "2016-06-24" @default.
- W2039334496 creator A5083840203 @default.
- W2039334496 date "1990-01-01" @default.
- W2039334496 modified "2023-09-26" @default.
- W2039334496 title "Le Yen et les échanges extérieurs du Japon" @default.
- W2039334496 cites W2071067658 @default.
- W2039334496 cites W2091364117 @default.
- W2039334496 doi "https://doi.org/10.3406/ofce.1990.1675" @default.
- W2039334496 hasPublicationYear "1990" @default.
- W2039334496 type Work @default.
- W2039334496 sameAs 2039334496 @default.
- W2039334496 citedByCount "0" @default.
- W2039334496 crossrefType "journal-article" @default.
- W2039334496 hasAuthorship W2039334496A5083840203 @default.
- W2039334496 hasConcept C10138342 @default.
- W2039334496 hasConcept C109168655 @default.
- W2039334496 hasConcept C118661131 @default.
- W2039334496 hasConcept C136264566 @default.
- W2039334496 hasConcept C162324750 @default.
- W2039334496 hasConcept C175444787 @default.
- W2039334496 hasConcept C181622380 @default.
- W2039334496 hasConcept C18547055 @default.
- W2039334496 hasConcept C187452473 @default.
- W2039334496 hasConcept C22674136 @default.
- W2039334496 hasConcept C2776988154 @default.
- W2039334496 hasConcept C2779685004 @default.
- W2039334496 hasConcept C44750222 @default.
- W2039334496 hasConcept C52092804 @default.
- W2039334496 hasConcept C556758197 @default.
- W2039334496 hasConcept C58202505 @default.
- W2039334496 hasConcept C95383336 @default.
- W2039334496 hasConceptScore W2039334496C10138342 @default.
- W2039334496 hasConceptScore W2039334496C109168655 @default.
- W2039334496 hasConceptScore W2039334496C118661131 @default.
- W2039334496 hasConceptScore W2039334496C136264566 @default.
- W2039334496 hasConceptScore W2039334496C162324750 @default.
- W2039334496 hasConceptScore W2039334496C175444787 @default.
- W2039334496 hasConceptScore W2039334496C181622380 @default.
- W2039334496 hasConceptScore W2039334496C18547055 @default.
- W2039334496 hasConceptScore W2039334496C187452473 @default.
- W2039334496 hasConceptScore W2039334496C22674136 @default.
- W2039334496 hasConceptScore W2039334496C2776988154 @default.
- W2039334496 hasConceptScore W2039334496C2779685004 @default.
- W2039334496 hasConceptScore W2039334496C44750222 @default.
- W2039334496 hasConceptScore W2039334496C52092804 @default.
- W2039334496 hasConceptScore W2039334496C556758197 @default.
- W2039334496 hasConceptScore W2039334496C58202505 @default.
- W2039334496 hasConceptScore W2039334496C95383336 @default.
- W2039334496 hasIssue "1" @default.
- W2039334496 hasLocation W20393344961 @default.
- W2039334496 hasOpenAccess W2039334496 @default.
- W2039334496 hasPrimaryLocation W20393344961 @default.
- W2039334496 hasRelatedWork W102635695 @default.
- W2039334496 hasRelatedWork W1491476415 @default.
- W2039334496 hasRelatedWork W2010020578 @default.
- W2039334496 hasRelatedWork W2483452495 @default.
- W2039334496 hasRelatedWork W2502429977 @default.
- W2039334496 hasRelatedWork W2742258110 @default.
- W2039334496 hasRelatedWork W3042095477 @default.
- W2039334496 hasRelatedWork W3123790765 @default.
- W2039334496 hasRelatedWork W3125725880 @default.
- W2039334496 hasRelatedWork W3126023950 @default.
- W2039334496 hasVolume "33" @default.
- W2039334496 isParatext "false" @default.
- W2039334496 isRetracted "false" @default.
- W2039334496 magId "2039334496" @default.
- W2039334496 workType "article" @default.