Abstract:This study explores the nexus among the Japanese trade in services to world trade and the economic development. Assuming that the relationship is linear, short-run Granger causality indicates that the export position negatively Granger causes the Japanese GDP relative to the world; the relative GDP exerts positive effects on the import position, and the export Granger causes the import position with negative effects while Granger causality runs from the later to the former with positive effects, and; the relat… Show more
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