Showing 1 - 10 of 17
Japan suggests that foreign firms sell five to six times more in Japan than is commonly believed. Previous studies severely … underestimated the stock of FDI in Japan due to poor data. Second, after finding that even after adjusting for various factors the … level of FDI in Japan is still low, the paper explores explanations for this phenomenon. A second main conclusion is that …
Persistent link: https://www.econbiz.de/10013082414
aggregate loan movements in Japan for the period 1990 to 2010 into bank, firm, industry, and common shocks. The high degree of …
Persistent link: https://www.econbiz.de/10013085124
economics to build a Törnqvist inflation index for Japan between 1989 and 2010. Our comparison of this true inflation index with …
Persistent link: https://www.econbiz.de/10013074909
It is widely believed that the stock-market oriented US financial system forces corporate managers to behave myopically relative to their Japanese counterparts, who operate in a bank-based system. We hypothesize that if US firms are more myopic than Japanese firms, then episodes of financial...
Persistent link: https://www.econbiz.de/10012783974
Between 1992 and 2002, the Japanese Import Price Index registered a decline of almost 9 percent and Japan entered a …
Persistent link: https://www.econbiz.de/10012759379
. Little attention is paid in Japan to substitution biases and quality upgrading. This implies that important methodological … differences have emerged between the U.S. and Japan since the U.S. started to correct for these biases in 1999. We estimate that … using the new corrected U.S. methodology, Japan's deflation averaged 1.2 percent per year since 1999. This is more than …
Persistent link: https://www.econbiz.de/10012759939
Examining the relationship between factor endowments and production patterns using international and Japanese regional data, we provide the first empirical confirmation of Ethier's correlation approach to the Rybczynski theorem. Moreover, we find evidence of substantial production indeterminacy....
Persistent link: https://www.econbiz.de/10013216107
Theories featuring multiple equilibria are now widespread across many fields of economics. Yet little empirical work has asked if such multiple equilibria are salient features of real economies. We examine this in the context of the Allied bombing of Japanese cities and industries in WWII. We...
Persistent link: https://www.econbiz.de/10013220542
This paper examines the impact of e-commerce on pricing behavior and welfare. Using Japanese data, we find that the entry of e-commerce firms significantly raised the rate of intercity price convergence for goods sold intensively online, but not for other goods. E-commerce also lowered relative...
Persistent link: https://www.econbiz.de/10013224963
returns, random growth, and locational fundamentals. To do so, we examine the distribution of regional population in Japan …
Persistent link: https://www.econbiz.de/10013233848