講演者：髙木 信二 氏〔アジア成長研究所 特別教授/大阪大学 名誉教/〕
テーマ：Japan’s Export Bonanza from the Silver Standard, 1885-97: Myth or Reality?
要約：
The paper uses the panel data methodology to reassess the scholarly consensus in the economic history literature (“silver-standard myth”) that attributes Japan’s export boom of the late nineteenth century to the country’s fortuitous adoption of the silver standard. The paper, based on the annual panel data of Japanese trade flows with five gold- and five silver-standard countries for 1885-97, finds that the growth of exports was consistently higher for silver- than for gold-standard destinations (though the difference was statistically not significant), refuting the near-co...