Globalisation , Multinationals and Productivity in Japan ’ s Lost Decade November 2009
نویسندگان
چکیده
منابع مشابه
Globalisation , Productivity and Technology Research Paper 2010 / 04 Globalisation , Multinationals and Productivity in Japan ’ s Lost Decade
Myriad hypotheses have been advanced to explain the dismal performance of the post-1990 Japanese economy. In this paper we use plant and firm data to investigate the issue. The low rate of productivity growth in Japan is also often seen as a product of Japanese MNEs offshoring production and shutting plants that are relative to others in their industry, high productivity. We find that this is t...
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This paper investigates why multinational ownership is found to increase the probability that a plant will exit. It does so by using Japanese plant data linked to firm data. Plants belonging to a multinational are 9 percentage points more likely to exit when plant, firm and industry characteristics are conditioned on. We find that the “footloose” effect is attributable to multinationals closing...
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