IDEAS home Printed from https://ideas.repec.org/a/aea/jecper/v7y1993i3p3-19.html
   My bibliography  Save this article

Japan's Different Trade Regime: An Analysis with Particular Reference to Seiretsu

Author

Listed:
  • Robert Z. Lawrence

Abstract

Many claim that although formal trade barriers have been removed at the border, Japanese markets remain unusually closed because of non-tariff barriers. After describing Japan's development strategy and the debate over the sources of Japanese growth, we consider current trade barriers. Recent research has made some headway investigating the impact of one of the alleged "invisible" barriers. In particular, efforts have been made to test if the behavior of Japanese corporate groups, known as keiretsu, creates a barrier to trade. Finally we consider whether private sector trade restrictions warrant a public response; what, if anything, should be done about keiretsu?

Suggested Citation

  • Robert Z. Lawrence, 1993. "Japan's Different Trade Regime: An Analysis with Particular Reference to Seiretsu," Journal of Economic Perspectives, American Economic Association, vol. 7(3), pages 3-19, Summer.
    • Handle: RePEc:aea:jecper:v:7:y:1993:i:3:p:3-19
    Note: DOI: 10.1257/jep.7.3.3
    as

    Download full text from publisher

    File URL: http://www.aeaweb.org/articles.php?doi=10.1257/jep.7.3.3
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Robert Z. Lawrence, 1991. "How Open is Japan?," NBER Chapters, in: Trade with Japan: Has the Door Opened Wider?, pages 9-50, National Bureau of Economic Research, Inc.
    2. Stern, Robert M. (ed.), 1989. "Trade and Investment Relations among the United States, Canada, and Japan," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226773179, September.
    3. Paul Krugman, 1986. "Strategic Trade Policy and the New International Economics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262610450, December.
    4. Masahiko Aoki, 2013. "Toward an Economic Model of the Japanese Firm," Chapters, in: Comparative Institutional Analysis, chapter 18, pages 315-341, Edward Elgar Publishing.
    5. Brander, James A. & Spencer, Barbara J., 1985. "Export subsidies and international market share rivalry," Journal of International Economics, Elsevier, vol. 18(1-2), pages 83-100, February.
    6. Gary R. Saxonhouse, 1989. "Differentiated Products, Economies of Scale, and Access to the Japanese Market," NBER Chapters, in: Trade Policies for International Competitiveness, pages 145-184, National Bureau of Economic Research, Inc.
    7. B. Douglas Bernheim & Michael D. Whinston, 1990. "Multimarket Contact and Collusive Behavior," RAND Journal of Economics, The RAND Corporation, vol. 21(1), pages 1-26, Spring.
    8. Marcus Noland & Bela Balassa, 1988. "Japan in the World Economy," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 0412, October.
    9. Bowen, Harry P & Leamer, Edward E & Sveikauskas, Leo, 1987. "Multicountry, Multifactor Tests of the Factor Abundance Theory," American Economic Review, American Economic Association, vol. 77(5), pages 791-809, December.
    10. Marcus Noland, 1997. "Public Policy, Private Preferences, And The Japanese Trade Pattern," The Review of Economics and Statistics, MIT Press, vol. 79(2), pages 259-266, May.
    11. D.N. Saxena, 1989. "Foreign Direct Investment," Foreign Trade Review, , vol. 24(1), pages 76-97, April.
    12. Richard C. Marston, 1991. "Price Behavior in Japanese and U. S. Manufacturing," NBER Chapters, in: Trade with Japan: Has the Door Opened Wider?, pages 121-148, National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Noland, Marcus, 1997. "Has Asian export performance been unique?," Journal of International Economics, Elsevier, vol. 43(1-2), pages 79-101, August.
    2. Alan M. Rugman & Alain Verbeke, 2005. "Strategic Trade Policy is not Good Strategy," Chapters, in: Analysis of Multinational Strategic Management, chapter 21, pages 347-369, Edward Elgar Publishing.
    3. Gary R. Saxonhouse, 1993. "What Does Japanese Trade Structure Tell Us about Japanese Trade Policy?," Journal of Economic Perspectives, American Economic Association, vol. 7(3), pages 21-43, Summer.
    4. Peter Drysdale, 1995. "The Question of Access to the Japanese Market," The Economic Record, The Economic Society of Australia, vol. 71(3), pages 271-283, September.
    5. Csordas, Stefan, 2009. "The global welfare effects of international environmental cooperation," MPRA Paper 20787, University Library of Munich, Germany.
    6. Steven W. Popper & Caroline S. Wagner, 2003. "Identifying critical technologies in the United States: a review of the federal effort," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 22(2-3), pages 113-128.
    7. Haufler, Andreas & Schjelderup, Guttorm, 2004. "Tacit collusion and international commodity taxation," Journal of Public Economics, Elsevier, vol. 88(3-4), pages 577-600, March.
    8. Tsung-Chen Lee & Hsiao-Chi Chen & Shi-Miin Liu, 2013. "Optimal strategic regulations in international emissions trading under imperfect competition," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 15(1), pages 39-57, January.
    9. Paqué, Karl-Heinz & Stehn, Jürgen & Horn, Ernst-Jürgen & Scharrer, Hans-Eckart & Koopmann, Georg, 1996. "National technology policies and international friction: Theory, evidence, and policy options," Kiel Discussion Papers 279, Kiel Institute for the World Economy (IfW Kiel).
    10. Staiger, Robert W., 1995. "International rules and institutions for trade policy," Handbook of International Economics, in: G. M. Grossman & K. Rogoff (ed.), Handbook of International Economics, edition 1, volume 3, chapter 29, pages 1495-1551, Elsevier.
    11. Marcus Noland & Howard Pack, 2002. "Industrial Policies and Growth: Lessons From International Experience," Central Banking, Analysis, and Economic Policies Book Series, in: Norman Loayza & Raimundo Soto & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (Series Editor) (ed.),Economic Growth: Sources, Trends, and Cycles, edition 1, volume 6, chapter 9, pages 251-308, Central Bank of Chile.
    12. Bagwell, Kyle & Staiger, Robert W., 1994. "The sensitivity of strategic and corrective R&D policy in oligopolistic industries," Journal of International Economics, Elsevier, vol. 36(1-2), pages 133-150, February.
    13. Fanti, Luciano & Buccella, Domenico, 2016. "Passive unilateral cross-ownership and strategic trade policy," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 10, pages 1-22.
    14. Cristiana Ioana Șerbănel, 2020. "When Competitiveness in the Agriculture Sector Becomes Mandatory. Romania Case Study," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 536-542, December.
    15. Robert Z. Lawrence, 1991. "How Open is Japan?," NBER Chapters, in: Trade with Japan: Has the Door Opened Wider?, pages 9-50, National Bureau of Economic Research, Inc.
    16. Sonali Deraniyagala & Ben Fine, 2000. "New Trade Theory Versus Old Trade Policy: A Continuing Enigma," Working Papers 102, Department of Economics, SOAS University of London, UK.
    17. Joseph E. Stiglitz, 1997. "Dumping on Free Trade: The U.S. Import Trade Laws," Southern Economic Journal, John Wiley & Sons, vol. 64(2), pages 402-424, October.
    18. Paqué, Karl-Heinz, 1995. "The case for technology policy: A tentative evaluation," Kiel Working Papers 714, Kiel Institute for the World Economy (IfW Kiel).
    19. Harrigan, James, 1996. "Openness to trade in manufactures in the OECD," Journal of International Economics, Elsevier, vol. 40(1-2), pages 23-39, February.
    20. Baldwin, Robert E, 1992. "Are Economists' Traditional Trade Policy Views Still Valid?," Journal of Economic Literature, American Economic Association, vol. 30(2), pages 804-829, June.

    More about this item

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aea:jecper:v:7:y:1993:i:3:p:3-19. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Michael P. Albert (email available below). General contact details of provider: https://edirc.repec.org/data/aeaaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.