Showing 1,421 - 1,430 of 1,507
We present an analysis of the lending/borrowing relationship between Japanese banks and Japanese firms, which form a bipartite credit network. We introduce distress to some initial node(s) (banks or firms) and allow it to propagate and contaminate other nodes in this network according to the...
Persistent link: https://www.econbiz.de/10010701769
This paper investigates the effect of Initial Public Offerings (IPOs) on firm performance. To single out the economic effects on firm performance brought about by issuing IPOs, we employ propensity-score matching difference-in-differences estimation. Using a unique firm-level panel dataset that...
Persistent link: https://www.econbiz.de/10010633180
We examine the response of productivity and hours worked to technology and non-technology shocks using the Japan Industrial Productivity (JIP) Database. We find that, at the aggregate level, (1) hours worked increase in response to positive technology shocks both in the manufacturing and the...
Persistent link: https://www.econbiz.de/10010633182
This paper investigates the role of inter-firm transaction structure on industrial agglomeration by using Japanese firm-level transaction relationship data. First, we measure the industrial agglomeration for each industry. Next, we measure the intensity of transactions and inequalities of...
Persistent link: https://www.econbiz.de/10010633184
This paper empirically explores the reason why a recent surge of foreign direct investment (FDI) to developing countries has been mainly driven by less productive firms. To this end, we present a simple model of FDI with vertical division of labor in a heterogeneous firm framework. From a...
Persistent link: https://www.econbiz.de/10010633185
Japan's public debt is increasing exponentially, and it is a primary policy objective to restore its sustainability. In this paper, I survey the existing research on the sustainability of the public debt in Japan and find that it might be necessary either to increase the consumption tax rate by...
Persistent link: https://www.econbiz.de/10010633186
This paper examines all types of admissions systems currently in place in Japan, and evaluates their relative performance in the labor market using graduate income. In particular, by comparing the relative performance of admission systems requiring academic testing against that of those that do...
Persistent link: https://www.econbiz.de/10010633187
Using firm-level data of the Basic Survey on Business Structure and Activities and ICT Workplace Survey for 1995 and 2007, we examine the trends and the effects of IT investment in Japan. We also investigate the cause for the lack of advancement in the adoption of IT in Japan. Our main findings...
Persistent link: https://www.econbiz.de/10010633188
In this study, we analyzed the actual amount of gasoline transported into Tohoku region during the first month following the Great East Japan Earthquake. We found that: (1) the amount of gasoline supplied in the Tohoku region during the first two weeks was only 1/3 of the normal demand; (2) the...
Persistent link: https://www.econbiz.de/10010633189
Distribution services play a large role in intermediating production and consumption across borders. Using firm-level data on Japanese multinationals in the wholesale and retail sectors, this paper examines foreign direct investment (FDI) decisions of distribution firms for local distribution...
Persistent link: https://www.econbiz.de/10010633295