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Real Exports and Real Imports: Methodology and Tips for Analysis

Author

Listed:
  • Toshihide Yorozu

    (Bank of Japan)

  • Ayana Shibasaki

    (Bank of Japan)

  • Mitsuhiro Osada

    (Bank of Japan)

  • Masato Higashi

    (Bank of Japan)

Abstract

Real exports and imports compiled and released by the Research and Statistics Department of the Bank of Japan, based on concepts consistent with exports and imports in real GDP, serve as an indicator for measuring the real value of export/import goods, that is adjusted for the effects of price changes. In this latest release, we have made revisions including changes to goods and region classifications so as to reflect structural changes in exports among other factors. We also include an update of the base year of the deflators used for calculating real exports and imports in line with the base year revision of the Corporate Goods Price Index. This paper explains these revisions together with the methodologies used to compile the real export/import data. It also provides some useful tips when using the real export/import data in practice.

Suggested Citation

  • Toshihide Yorozu & Ayana Shibasaki & Mitsuhiro Osada & Masato Higashi, 2017. "Real Exports and Real Imports: Methodology and Tips for Analysis," Bank of Japan Research Papers 17-04-20, Bank of Japan.
    • Handle: RePEc:boj:bojron:ron170420a
    as

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    File URL: http://www.boj.or.jp/en/research/brp/ron_2017/data/ron170420a.pdf
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    References listed on IDEAS

    as
    1. Yuka Mera & Yoshiyuki Kurachi & Naoko Ozaki, 2013. "Recent Increase in Foreign Visitors and Impact on Japan's Economy," Bank of Japan Review Series 13-E-4, Bank of Japan.
    2. Mitsuhiro Osada & Mayumi Ojima & Yoshiyuki Kurachi & Ko Miura & Takuji Kawamoto, 2016. "Economic Impact of the Tokyo 2020 Olympic Games," Bank of Japan Research Papers 16-01-21, Bank of Japan.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    real exports: real imports; goods trade; GDP;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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