Why has Japan been so hard hit by the global crisis? | vox - Research-based po... - The Diigo Meta page

• 10 May 10
  

  Giorgio Bertini

  Though Japan has not suffered greatly from a housing collapse or toxic assets, its economy has been hit harder by the crisis than the US or EU. Japan’s contraction is almost entirely due to a steep fall in external demand. This column uses input-output an

  learning change

• 09 Jun 09
  

  Yanyuan Zhu

  又是一个放大效应。不过用投入产出模型来分析，倒是满有意思的。虽然我不喜欢投入产出模型，从这个模型中看不到Economic Growth model的潜在增长潜力。
  
  This column uses input-output analysis to show that the fall in US demand has had an amplified effect on Japan because it not only reduces Japanese net exports to the US but also net exports of intermediate goods to Asian countries, where they would have been assembled for final export to the US.

  japan economics

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