Narrow search
Showing 1 - 10 of 886
Cover Image
Keiretsu and Relationship-Specific Investment : A Barrier to Trade?
Spencer, Barbara J. - 2000
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
Cover Image
An Elementary Theory of Global Supply Chains
Costinot, Arnaud - 2011
This paper develops an elementary theory of global supply chains. We consider a world economy with an arbitrary number of countries, one factor of production, a continuum of intermediate goods, and one final good. Production of the final good is sequential and subject to mistakes. In the unique...
Persistent link: https://www.econbiz.de/10012461722
Cover Image
Bank Ties and Bond Market Access : Evidence on Investment-Cash Flow Sensitivity in Japan
McGuire, Patrick - 2003
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
Cover Image
An International Perspective of Japan's Corporate Groups and their Prospects
Yafeh, Yishay - 2002
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
Cover Image
Industrial Groupings and Strategic FDI : Theory and Evidence
Blonigen, Bruce A. - 2000
We show that industrial ownership structures, such as keiretsu groupings in Japan, may significantly impact firms …
Persistent link: https://www.econbiz.de/10012470685
Cover Image
How Does Outsourcing Affect Performance Dynamics? Evidence from the Automobile Industry
Novak, Sharon - 2007
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/10012465418
Cover Image
Complementarity Among Vertical Integration Decisions : Evidence from Automobile Product Development
Novak, Sharon - 2007
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/10012465421
Cover Image
Vertical Networks and US Auto Parts Exports : Is Japan Different?
Head, Keith - 2002
, while Japan is a large parts importer, the composition of its imports is shifted away from parts where vertical keiretsu are …
Persistent link: https://www.econbiz.de/10012469548
Cover Image
Keiretsu and Relationship-Specific Investment : Implications for Market-Opening Trade Policy
Qiu, Larry D. - 2001
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
Cover Image
Recent G3 Current Account Imbalances : How Important are Structural Factors?
Clarida, Richard - 1999
This paper implements a novel empirical approach for estimating the importance of structural factors in explaining the recent behavior of G3 current account positions. Following the contribution of Sims (1982), we employ a tractable econometric framework that can be used to answer the following...
Persistent link: https://www.econbiz.de/10012471872