01743cas a2200241 a 4500 AALejournalIMF009006 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451847321 1018-5941 BD-DhAAL BD-DhAAL Onitsuka, Yusuke. Supply Pressure and the Export-Import Performance in the Japan-U.S. Bilateral Trade / Yusuke Onitsuka. Washington, D.C. : International Monetary Fund, 1994. 1 online resource (22 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The paper examines the effects of the supply pressure of the exports in the Japan-U.S. bilateral trade. A simultaneous equation approach with a Almon lag structure is adopted. Two factors of supply pressure, id est, full-employment capacity and inventory are specified, and positively-sloped export supply functions with these two shift factors are successfully estimated. While capacity is positively correlated with exports, the inventory is often negatively correlated. It is also shown that export supply pressure is much stronger in Japan's exports than in the U.S. exports, and that supply pressure often affects exports with a lag structure spreading over twelve quarters. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1994/053 Full text available on IMF http://elibrary.imf.org/view/journals/001/1994/053/001.1994.issue-053-en.xml IMF e-Library