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This paper tries to make sense of the recent trade dispute between the U.S. and Japan in autos and auto parts. The … Japan, and that these differences have contributed to the growing bilateral trade deficit in auto parts. The paper also …
Persistent link: https://www.econbiz.de/10013102060
manufacturers, and the fact that some of the most popular Japanese car models are assembled both in Japan and the U.S. We find … evidence that the Japan-assembled cars on average sell for more than those built in the U.S., but the estimated difference is … difference between the Japanese and U.S. built cars. For Hondas and more recent models of Toyotas, the Japan-built cars are no …
Persistent link: https://www.econbiz.de/10013066220
We have assessed the determinants of the choice of integration, relational contracting (keiretsu sourcing) and market sourcing by seven Japanese automobile manufacturers (OEMs) with respect to 54 components in light of contract economics. Our major findings are the following. First, the...
Persistent link: https://www.econbiz.de/10012760108
advantage as of 1980 to have been only 1-2%, much less than previously estimated. This results from the fact that Japan began …
Persistent link: https://www.econbiz.de/10013218735
Are foreign production and exports substitutes or complements? The continuing globalization of production makes the question of the relationship between trade and foreign direct investment ever more important. Standard theory of the multinational corporation (MNC) assumes substitution, while...
Persistent link: https://www.econbiz.de/10013218918
protectionist policies can in some cases increase aggregate welfare in North America at the expense of Japan …
Persistent link: https://www.econbiz.de/10013219191
The purpose of this paper is to identify conditions under which hedonic price indexes provide an exact measure of consumer welfare, so that the welfare effects of quality change can be inferred. Our results are quite positive in providing a rational for existing practices, though the conditions...
Persistent link: https://www.econbiz.de/10013219985
.S. automotive deficit with Japan, transplant production will not cause its elimination …
Persistent link: https://www.econbiz.de/10013220402
This paper examines the impact of vertical integration on the dynamics of performance over the automobile product development lifecycle. Building on recent work in organizational economics and strategy, we evaluate the relationship between vertical integration and different performance margins....
Persistent link: https://www.econbiz.de/10012750358
This paper examines complementarity among vertical integration decisions in automobile product development. Though most research assumes that contracting choices are independent of each other, contracting complementarity arises when the returns to a single vertical integration decision are...
Persistent link: https://www.econbiz.de/10012751883