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We found hierarchical structure and negative degree correlation in firms' transaction network. The network consists of 800,000 Japanese firms. We also summarize other features of the network and discuss why studying network structure is important. We also found scale free distribution in...
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We analyze fundamental characteristics of the inter-firm transaction network through the data of 800,000 Japanese firms. We find that there exists a hierarchical structure and a negative degree correlation in this transaction network. We also find that this undirected network is a scale-free...
Persistent link: https://www.econbiz.de/10010298815
high prices and discourage imports into Japanese markets. The paper also argues that Japan's weak anti …-wheeling markets. Liberal reformist measures in Japan are animportant corrective and supplement to mercantilist policy, but are not … likely tofundamentally transform Japan's political-economic system …
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channels-in Japan known as distribution keiretsu- are more likely than others to be headed by a primary wholesaler that is … that impediments to inward foreign direct investment still existed in Japan in 1997, our year of observation …
Persistent link: https://www.econbiz.de/10014115782
It has been argued that keiretsu affiliation among Japanese firms gives rise to more stable management practices which result in more stable but lower average profits for member firms relative to independent firms. Using financial market performance data, such as the volatility of share prices,...
Persistent link: https://www.econbiz.de/10013081409