The focus of this paper is on the evolution of international production by Japanese electronics firms. In the first two … parts, I trace the development of Japanese production networks in Asia through three different periods. Each of these … to very different incarnations of Japanese production networks. Part I deals with the period of domestic market …

is warranted. ; We then turn to the adjustment process. First, we present evidence that a narrowing of Japan's record … slower than would have been predicted by a simple econometric model, if Japanese trade. We then explore several possible … Japanese export prices than in the past, and the slow pass-through of terms-of-trade gains to consumer prices. Evidence is also …