Why are Retail Prices in Japan so High?: Evidence from German Export Prices

It is well documented that retail prices in Japan are higher than in other countries for similar products. The two main competing explanations for this finding are: (1) a relatively high degree of discriminatory practices against imports and (2) relatively high distribution costs associated with getting goods to the point of final sale in Japan. The first of these explanations implies that foreign exporters should charge higher prices on shipments to Japan than elsewhere, provided at least some of the rent associated with restrictive practices can be captured by the exporter. For the vast majority of the 37 7-digit German export industries studied here, the data are consistent with this implication. Prices on shipments to Japan appear to be significantly higher than prices on shipments to the United States, the United Kingdom, and Canada.

Macroeconomic Factors and Antidumping Filings: Evidence from Four Countries

This paper examines the relationship between antidumping filings and macroeconomic factors. We show that real exchange rate fluctuations affect the two criteria for dumping in opposite ways, making the overall effect on filings ambiguous in theory. Interestingly, no such ambiguity is evidenced in the data. Examining the filing patterns of the four major users of AD law during the 1980--98 period we find that real exchange rates and domestic real GDP growth both have statistically significant impacts on filings. Bilateral filing data indicate that a one-standard deviation real appreciation of the domestic currency increases filings by 33% while a one-standard deviation fall in domestic real GDP increases filings by 23%.

Measuring Market-Product Integration

Globalization -- the integration of national economies -- has become one of the most widely used buzzwords of the late 20th century. Yet there are remarkably few statistical measures of product-market integration across time, countries, and goods. In this paper we present some new measures of product-market integration based on price and quantity data. We find evidence of greater integration, but we also find that this process has not been uniform over time, countries, or goods.

The Structure of Operators in Effective Particle-Conserving Models

For many-particle systems defined on lattices we investigate the global structure of effective Hamiltonians and observables obtained by means of a suitable basis transformation. We study transformations which lead to effective Hamiltonians conserving the number of excitations. The same transformation must be used to obtain effective observables. The analysis of the structure shows that effective operators give rise to a simple and intuitive perspective on the initial problem. The systematic calculation of n-particle irreducible quantities becomes possible constituting a significant progress. Details how to implement the approach perturbatively for a large class of systems are presented.Comment: 12 pages, 1 figure, accepted by J. Phys. A: Math. Ge

Optical spectroscopy of (La,Ca)14Cu24O41 spin ladders: comparison of experiment and theory

Transmission and reflectivity of La_x Ca_14-x Cu_24 O_41 two-leg spin-1/2 ladders were measured in the mid-infrared regime between 500 and 12000 1/cm. This allows us to determine the optical conductivity sigma_1 directly and with high sensitivity. Here we show data for x=4 and 5 with the electrical field polarized parallel to the rungs (E||a) and to the legs (E||c). Three characteristic peaks are identified as magnetic excitations by comparison with two different theoretical calculations.Comment: 4 pages, 2 figures, submitted to SCES 200

Ground states versus low-temperature equilibria in random field Ising chains

We discuss with the aid of random walk arguments and exact numerical computations the magnetization properties of one-dimensional random field chains. The ground state structure is explained in terms of absorbing and non-absorbing random walk excursions. At low temperatures, the magnetization profiles follow those of the ground states except at regions where a local random field fluctuation makes thermal excitations feasible. This follows also from the non-absorbing random walks, and implies that the magnetization length scale is a product of these two scales. It is not simply given by the Imry-Ma-like ground state domain size nor by the scale of the thermal excitations.Comment: 7 pages LaTeX, 8 eps-figures include

SrCu_2(BO_3)_2 - a Two Dimensional Spin Liquid

We study an extended Shastry-Sutherland model for SrCu_2(BO_3)_2 and analyze the low lying parts of the energy spectrum by means of a perturbative unitary transformation based on flow equations. The derivation of the 1-magnon dispersion (elementary triplets) is discussed. Additionally, we give a quantitative description (symmetries and energies) of bound states made from two elementary triplets. Our high order results allow to fix the model parameters for SrCu_2(BO_3)_2 precisely: J_1=6.16(10)meV, x:=J_2/J_1=0.603(3), J_\perp=1.3(2)meV. To our knowledge this is the first quantitative treatment of bound states in a true 2d model.Comment: 4 pages, 3 figures, Proceeding paper of the HFM2000 conference in Waterloo, Canada, Jun 200

Symmetries and Triplet Dispersion in a Modified Shastry-Sutherland Model for SrCu_2(BO_3)_2

We investigate the one-triplet dispersion in a modified Shastry-Sutherland Model for SrCu_2(BO_3)_2 by means of a series expansion about the limit of strong dimerization. Our perturbative method is based on a continuous unitary transformation that maps the original Hamiltonian to an effective, energy quanta conserving block diagonal Hamiltonian H_{eff}. The dispersion splits into two branches which are nearly degenerated. We analyse the symmetries of the model and show that space group operations are necessary to explain the degeneracy of the dispersion at k=0 and at the border of the magnetic Brillouin zone. Moreover, we investigate the behaviour of the dispersion for small |k| and compare our results to INS data.Comment: 9 pages, 8 figures accepted by J. Phys.: Condens. Matte