This paper empirically examines the role of imports in the assessment of domesticmergers. It constructs and estimates a structural model of demand and supply todescribe Japan’s copper tube, taking an explicit account of cross-border transactions.Obtained simulation results show that the merger...

This paper evaluates the impact of advance notice of demand curtailment events on inter-temporal consumption patterns of industrial electricity consumers. The empirical analysis focuses on a demand-response program offered in Japan, which has the same incentive structure as critical peak pricing...

Markup, or the ratio of price to cost, depends on the firm's attributes and the market environment where the firm operates. This paper empirically studies the relationship between the markups of firms and their firm-to-firm transactional status. More specifically, we analyze the correlation...

This paper analyzes how a firm’s markup correlates to its suppliers’ markups. Our research targeted more than 40,000 Japanese firms during 2001-16. The dataset is based on the Basic Survey of Japanese Business Structure and Activities, provided by METI, and supplemented by data from...