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The Border Effect in the Japanese Market: A Gravity Model Analysis

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Figure

Table 1: Gravity Model OLS Results, including Japan Dummy for All Tradable Goods  Independent variables  1960 1965 1970  1975  1980  1985  1990  Constant -3.48 -3.60  -5.77  -7.04  -11.77 -15.66  -22.35    [-1.53]   [ -1.55]  [ -2.31]**  [-2.11]**   [-4.73
Table 3: Gravity Model OLS Results, including Japan Dummy for Manufactured Goods  Independent  Variables  1960 1965 1970 1975 1980 1985  1990 Constant -11.19  -12.43  -12.47  -11.28  -17.73  -22.6  -25.1   [-2.97]**  [ -3.01]** [ -4.47]**  [-3.70]**   [-7.
Table 5 Estimated Gravity Model for Okinawa in 1990
Figure 2    Re-imports to Japan by FDI, 1980 -1990
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