Nowcasting Japan’s exports using maritime data
Paris Tung, Associate (London)
Lacking natural resources, Japan is vulnerable to logistical disruptions and material shortages. In this literature review, we summarise an export index model constructed on automatic identification system (AIS) and port data, which outperforms Japan’s official statistics regarding delivery frequency and predictive accuracy.
LITERATURE
We summarise the paper titled A Nowcasting Model of Exports Using Maritime Big Data by K. Furukawa and R. Hisano. The study was published in the Bank of Japan Working Paper Series in December 2022.