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The Keiretsu Issue

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  • Hisashi Yaginuma

Abstract

There have been voices heard pointing out the importance of transactions among firms within an industry as a source of the international competitiveness of Japanese firms in recent years. At the same time, the issue of such a business transaction system, in particular its exclusivity, has come to be discussed internationally in the form of the "keiretsu issue." In concrete terms, industries such as automobiles and electric machinery are the subject of this debate. Here, we would like to view the keiretsu issue from the standpoint of economic theory and examine its effectiveness and problems.

Suggested Citation

  • Hisashi Yaginuma, 1993. "The Keiretsu Issue," Japanese Economy, Taylor & Francis Journals, vol. 21(3), pages 3-48.
    • Handle: RePEc:mes:jpneco:v:21:y:1993:i:3:p:3-48
    DOI: 10.2753/JES1097-203X21033
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    Cited by:

    1. Sato, Kazuo, 1996. "The dark side of Japanese business: Three "industry" novels : Ddco Shimizu, translated by Tamae K. Prindle, Armonk, NY: M.E. Sharpe, 1996, 280 pages," Journal of Asian Economics, Elsevier, vol. 7(2), pages 345-348.
    2. Sato, Kazuo, 1996. "The dark side of Japanese business: Three "industry" novels : Ikko Shimizu, translated by Tamae K. Prindle, Armonk, NY: M.E. Sharpe, 1996, 280 pages," Journal of Asian Economics, Elsevier, vol. 7(4), pages 777-780.

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