Showing 1 - 10 of 777
We show that industrial ownership structures, such as keiretsu groupings in Japan, may significantly impact firms …
Persistent link: https://www.econbiz.de/10012470685
This paper distinguishes between the competitive position of U.S. firms and that of the U.S. and other countries as geographical locations for production. While the share of the U.S. in world exports of manufactures fellmore than 40 per cent between 1957 and 1977, the share of all U.S. firms...
Persistent link: https://www.econbiz.de/10012477528
How do firms in high-income countries adjust to emerging market competition? We estimate how a representative panel of Canadian firms adjusts innovation activities, business strategies, and exit in response to large increases in Chinese imports between 1999 and 2005. On average, process...
Persistent link: https://www.econbiz.de/10012455840
paper investigates whether bank ties in Japan were costly for mature and healthy firms in the 1980's and 1990's, and whether …
Persistent link: https://www.econbiz.de/10012469054
This paper reviews the literature on corporate groups in Japan and elsewhere, and offers a comparison of Japan … groups in Japan since the mid-1970s. The main conclusions that emerge are that: 1. Empirical evidence on the economic roles … of corporate groups in Japan is limited. 2. Japanese groups are, in some respects, quite similar to groups in other …
Persistent link: https://www.econbiz.de/10012469317
This paper considers the implications of relationship-specific investment within keiretsu for policies aimed at opening the Japanese market for intermediate goods, such as auto parts. Both VIEs applied to parts and VERs restricting Japanese exports of autos cause the keiretsu to import a wider...
Persistent link: https://www.econbiz.de/10012470445
This paper develops a model of informal procurement within Japanese keiretsu so as to consider effects on intermediate-good imports, such as auto parts. Parts-suppliers make relationship-specific investments that benefit the auto-maker and prices are determined by bargaining after investment has...
Persistent link: https://www.econbiz.de/10012471203
We investigate the motives and consequences of the consolidation of banks in Japan during the period of fiscal year …
Persistent link: https://www.econbiz.de/10012465251
Japan suggests that foreign firms sell five to six times more in Japan than is commonly believed. Previous studies severely … underestimated the stock of FDI in Japan due to poor data. Second, after finding that even after adjusting for various factors the … level of FDI in Japan is still low, the paper explores explanations for this phenomenon. A second main conclusion is that …
Persistent link: https://www.econbiz.de/10012473233
This paper investigates changes in the output and productivity of research and development activities in Japanese manufacturing firms over the 1980s and 1990s. Evidence from aggregate patent and R&D statistics and a micro-level analysis of R&D productivity at the firm-level suggest that there...
Persistent link: https://www.econbiz.de/10012469265