Japan's export specialization in 2000–2020

By empirically examining the commodity structure of Japan's exports in 2000–2020, the authors have identified product groups with increased, diminished, newly emerged, and lost revealed comparative advantages (RCA). In 2020, Japan had RCA in 24 product groups with relatively high levels of prod...

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Auteurs principaux:	Zoia S. Podoba, Victor A. Gorshkov, Anastasiya A. Ozerova
Format:	article
Langue:	EN
Publié:	Elsevier 2021
Sujets:	F14 Regional economics. Space in economics HT388
Accès en ligne:	https://doaj.org/article/01da105a2e1f4e67b26e05a580c7ea1e
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id	oai:doaj.org-article:01da105a2e1f4e67b26e05a580c7ea1e
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spelling	oai:doaj.org-article:01da105a2e1f4e67b26e05a580c7ea1e2021-12-03T04:01:25ZJapan's export specialization in 2000–20202667-111510.1016/j.aglobe.2021.100014https://doaj.org/article/01da105a2e1f4e67b26e05a580c7ea1e2021-07-01T00:00:00Zhttp://www.sciencedirect.com/science/article/pii/S2667111521000141https://doaj.org/toc/2667-1115By empirically examining the commodity structure of Japan's exports in 2000–2020, the authors have identified product groups with increased, diminished, newly emerged, and lost revealed comparative advantages (RCA). In 2020, Japan had RCA in 24 product groups with relatively high levels of product complexity and thus managed to maintain its highly diversified trade portfolio. However, increasing global competition poses potential risks to Japan's exports. Eight product groups with diminished and two product groups with lost RCA are signs of Japan's unsuccessful adaptation to the structural changes on the world markets. The newly emerged RCA, predominantly in the chemicals and allied industries, still mostly have lower index values in comparison to major trade partners, however, their contribution to Japan's exports is likely to expand. To enhance its comparative advantages, Japan should foster innovation which may positively affect national competitiveness but this depends on how the country will adapt to domestic and global challenges.Zoia S. PodobaVictor A. GorshkovAnastasiya A. OzerovaElsevierarticleF14Regional economics. Space in economicsHT388ENAsia and the Global Economy, Vol 1, Iss 2, Pp 100014- (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	F14 Regional economics. Space in economics HT388
spellingShingle	F14 Regional economics. Space in economics HT388 Zoia S. Podoba Victor A. Gorshkov Anastasiya A. Ozerova Japan's export specialization in 2000–2020
description	By empirically examining the commodity structure of Japan's exports in 2000–2020, the authors have identified product groups with increased, diminished, newly emerged, and lost revealed comparative advantages (RCA). In 2020, Japan had RCA in 24 product groups with relatively high levels of product complexity and thus managed to maintain its highly diversified trade portfolio. However, increasing global competition poses potential risks to Japan's exports. Eight product groups with diminished and two product groups with lost RCA are signs of Japan's unsuccessful adaptation to the structural changes on the world markets. The newly emerged RCA, predominantly in the chemicals and allied industries, still mostly have lower index values in comparison to major trade partners, however, their contribution to Japan's exports is likely to expand. To enhance its comparative advantages, Japan should foster innovation which may positively affect national competitiveness but this depends on how the country will adapt to domestic and global challenges.
format	article
author	Zoia S. Podoba Victor A. Gorshkov Anastasiya A. Ozerova
author_facet	Zoia S. Podoba Victor A. Gorshkov Anastasiya A. Ozerova
author_sort	Zoia S. Podoba
title	Japan's export specialization in 2000–2020
title_short	Japan's export specialization in 2000–2020
title_full	Japan's export specialization in 2000–2020
title_fullStr	Japan's export specialization in 2000–2020
title_full_unstemmed	Japan's export specialization in 2000–2020
title_sort	japan's export specialization in 2000–2020
publisher	Elsevier
publishDate	2021
url	https://doaj.org/article/01da105a2e1f4e67b26e05a580c7ea1e
work_keys_str_mv	AT zoiaspodoba japansexportspecializationin20002020 AT victoragorshkov japansexportspecializationin20002020 AT anastasiyaaozerova japansexportspecializationin20002020
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Japan's export specialization in 2000–2020

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