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Презентация на тему Japan. The relationship between real GDP and real primary exports

ContextMotivation behind the country selectionCountry profileGDP and Export relationshipMethodologyResultsConclusion
The relationship between real GDP and Real Primary ExportsJapanManchester Metropolitan ContextMotivation behind the country selectionCountry profileGDP and Export relationshipMethodologyResultsConclusion Reason of choice3rd largest economy in the worldJapanese cultural philosophy in their Country profile 2015Nominal GDP - $4,383,076 million Real GDP - $4,341,086 million1980Nominal GDP Growth 2015 -11.41% GDP composition2014Agriculture: 1.17%Industry: 26.86%Services, etc: 71.97% Real Export1980$132.1 billion2015    $580.4 billion Export Structure Exports (% of GDP) GDP and export relationshipNo foreign constraints Improved technologyIncreased productivityEconomies of scaleMore production ? more export MethodologyUnit root testCo – integration testVector Autoregressive model Unit root test  Co - integration test  VAR modelDX(-1) and DY(-1) are not significant No short-run effect from exports ConclusionDecline in Real GDP and Real ExportsUnit root test – series are ReferencesHill, C. E., Griffiths, W. E. & Lim, G. C., 2008. Principles
Слайды презентации

Слайд 2 Context
Motivation behind the country selection
Country profile
GDP and Export

ContextMotivation behind the country selectionCountry profileGDP and Export relationshipMethodologyResultsConclusion

relationship
Methodology
Results
Conclusion


Слайд 3 Reason of choice
3rd largest economy in the world

Japanese

Reason of choice3rd largest economy in the worldJapanese cultural philosophy in

cultural philosophy in their economy

Small agricultural area – High

yield

Worldwide known mastery of manufacturing

Infrastructure investments

Слайд 4 Country profile
2015
Nominal GDP - $4,383,076 million

Real

Country profile 2015Nominal GDP - $4,383,076 million Real GDP - $4,341,086

GDP - $4,341,086 million

1980
Nominal GDP - $1,086,988 million

Real

GDP - $1,152,382 million


Слайд 5 GDP Growth
2015 -11.41%

GDP Growth 2015 -11.41%

Слайд 6 GDP composition
2014

Agriculture: 1.17%

Industry: 26.86%

Services, etc: 71.97%

GDP composition2014Agriculture: 1.17%Industry: 26.86%Services, etc: 71.97%

Слайд 7 Real Export
1980

$132.1 billion










2015

$580.4 billion

Real Export1980$132.1 billion2015  $580.4 billion

Слайд 8 Export Structure

Export Structure

Слайд 9 Exports (% of GDP)

Exports (% of GDP)

Слайд 10 GDP and export relationship
No foreign constraints
Improved technology
Increased

GDP and export relationshipNo foreign constraints Improved technologyIncreased productivityEconomies of scaleMore production ? more export

productivity
Economies of scale
More production ? more export


Слайд 11 Methodology
Unit root test

Co – integration test

Vector Autoregressive model

MethodologyUnit root testCo – integration testVector Autoregressive model

Слайд 12 Unit root test
 

Unit root test 

Слайд 13 Co - integration test
 

Co - integration test 

Слайд 14 VAR model
DX(-1) and DY(-1) are not significant

No

VAR modelDX(-1) and DY(-1) are not significant No short-run effect from

short-run effect from exports to GDP

No short-run effect

from GDP to exports

Слайд 15 Conclusion
Decline in Real GDP and Real Exports
Unit root

ConclusionDecline in Real GDP and Real ExportsUnit root test – series

test – series are non-stationary
Co-integration test – real GDP

and real Export are co-integrated
VAR model – there is no short term relationship of GDP and Export

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