What will the next export boom look like? some hints from the late 1980s

Despite the recent decline in the value of the U.S. dollar, the U.S. trade deficit remains at historic highs. When this deficit eventually shrinks, it will likely be accompanied by an export boom. In "What Will the Next Export Boom Look Like? Some Hints from the Late 1980s," Kei-Mu Yi examines the nature of the last export boom in the United States, which occurred in the late 1980s. He documents whether the increase in exports was accompanied by an increase in the number of export markets, export industries, or exporting firms and plants.