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The weakness of the Japanese banking industry, suffering from acute problem of non-performing loans, prevents Japan …
Persistent link: https://www.econbiz.de/10010295410
This paper tests a geography and growth model using regional data for Europe, the US, and Japan. We set up a standard …
Persistent link: https://www.econbiz.de/10010295504
the US, Japan and the major European countries in order to estimate the effect of energy prices on energy … significantly positively correlated with innovation in both Japan and the EU. A tentative interpretation might be that a rise in …. Furthermore, the tax ratio, which has consistently risen in Japan and especially the EU, could be seen as an indicator for …
Persistent link: https://www.econbiz.de/10010295565
In recent years, there has been a slow but steady change in ownership structures and corporate governance in Japan. As …In den letzten Jahren ist in Japan ein allmählicher stetiger Wandel in Besitzverhältnissen, Unternehmensführung und … diesem Prozeß. In Japan fungieren Treuhandbanken und Lebensversicherer als Treuhänder der Pensionsfonds. Sie schenken dem …
Persistent link: https://www.econbiz.de/10010295612
This paper examines the methods used by the Bank of Japan for the estimation of the output gap. Attention is paid to …
Persistent link: https://www.econbiz.de/10010295641
accountability of the ECB with some other central banks (Bank of Canada, Bank of Japan, Bank of England and the Federal Reserve … Japan, Bank of England und Federal Reserve System). Im zweiten Teil stellen wir eine Theorie über die Rechenschaftspflicht …
Persistent link: https://www.econbiz.de/10010295694
This paper examines the link between a firm's owership of productive assets and its choice of foreign-market entry strategy. We find that, controlling for industry- and country-specific characteristics, the most productive firms (i.e., those owning the most assets) will enter through greenfield...
Persistent link: https://www.econbiz.de/10010296254
This paper studies why multinational firms often share ownership of a foreign affiliate with a local partner even in the absence of government restrictions on ownership. We show that shared ownership may arise, if (i) the partner owns assets that are potentially important for the investment...
Persistent link: https://www.econbiz.de/10010296282
This paper uses a proportional hazard model to study foreign direct investment by Japanese manufacturers in Europe between 1970 and 1994. We divide each firm?s investment total into a sequence of individual investment decisions and analyze how firm-specific characteristics affect each decision....
Persistent link: https://www.econbiz.de/10010296286
We use Japanese firm-level data to examine how a firm?s productivity affects its choice of foreign-market entry strategy. We study a sequence of decisions, starting with the choice between exporting and foreign direct investment (FDI). In the case of FDI, the firm faces two options: greenfield...
Persistent link: https://www.econbiz.de/10010296298