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Within Japanese multinational firms, parent exports from Japan to a foreign region are positively related to production … in that region by affiliates of that parent, given the parent's home production in Japan and the region's size and income …
Persistent link: https://www.econbiz.de/10012471148
competitive firms. The results in our paper suggest that when it comes to TFP growth, this view of Japan is seriously erroneous …. We find that lower tariffs and higher import volumes would have been particularly beneficial for Japan during the period … productivity growth. Our findings on Japan suggest that the salutary impact of imports stems more from their contribution to …
Persistent link: https://www.econbiz.de/10012471526
This paper argues that Japan's export growth is likely to slow sharply over the next few years, perhaps to zero. For … the past dozen years Japan's export volume has gown much more rapidly than her domestic production. This divergence was … factors are running in reverse. If Japan's export growth does slow sharply, the mechanism will be a very strong yen …
Persistent link: https://www.econbiz.de/10012477110
Between 1992 and 2002, the Japanese Import Price Index registered a decline of almost 9 percent and Japan entered a …
Persistent link: https://www.econbiz.de/10012464707
Examining the relationship between factor endowments and production patterns using international and Japanese regional data, we provide the first empirical confirmation of Ethier's correlation approach to the Rybczynski theorem. Moreover, we find evidence of substantial production indeterminacy....
Persistent link: https://www.econbiz.de/10012471998
Trade theorists have come to understand that their theory is ambiguous on the question: Are trade and factor flows substitutes? While this sounds like an open invitation for empirical research, hardly any serious econometric work has appeared in the literature. This paper uses history to fill...
Persistent link: https://www.econbiz.de/10012472755
opposite tendency. Taking population, per capita income, factor endowments, and distance into account, we find Japan to be more …
Persistent link: https://www.econbiz.de/10012473405
region. We find that features of a country associated with more trade with either Japan or the United States also tend to be … associated with more DFI from Japan or the United States. U.S. economic relations with Japan and Western Europe provide an … important exception. Despite U.S. concern about its trade deficit with Japan, we find Japan to be much more open to the United …
Persistent link: https://www.econbiz.de/10012473842
how Japan has appropriated foreign technology. In Section III, we survey three strategic trade models to obtain some …
Persistent link: https://www.econbiz.de/10012475199
This paper applies a novel empirical approach to characterising the horizontal-ness and vertical-ness of affiliates based on Yeaple's complex FDI concept. In its simplest form, horizontal-ness is measured as affiliates' local sales share while their vertical-ness is measures as their share of...
Persistent link: https://www.econbiz.de/10012460576