Weinstein, David E.; Broda, Christian M. - 2008
"Between 1992 and 2002, the Japanese Import Price Index registered a decline of almost 9 percent and Japan entered a … period of deflation. We show that much of the correlation between import prices and domestic prices was due to formula biases … attributable to growth in the quality of Chinese exports and the increase in new products being exported by China"--National Bureau …
