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The Role of Multinational Firms in International Trade: The Case of Japan Author info | Abstract | Publisher info | Download info | Related research | Statistics Kozo Kiyota (Gerald R. Ford School of Public Policy, University of Michigan)
Shujiro Urata (Graduate School of Asia-Pacific Studies, Waseda University)
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This paper examines the role of multinational firms in international trade using firm-level panel data for Japanese firms between 1994 and 2000. Our results indicate that multinational firms dominate Japanese trade. In 2000, only 12.4 percent of Japanese firms were multinationals but they accounted for 93.6 and 81.2 percent of Japanese exports and imports, respectively. We found that multinational firms emerged from being exporters/importers. These results imply that firms do not make the choice of either exporting or undertaking FDI, contrary to the findings of previous studies. Rather, exporters make a decision on whether or not to undertake FDI.
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Paper provided by Research Seminar in International Economics, University of Michigan in its series Working Papers with number
560.
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Length: 35 pages
Date of creation: 2007Date of revision:
Handle: RePEc:mie:wpaper:560Contact details of provider: Postal: ANN ARBOR MICHIGAN 48109 Web page: http://www.fordschool.umich.edu/rsie/ More information through EDIRC
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Keywords: Multinational Firms ; Foreign Direct Investment ; International Trade ; Intra-firm Trade ; Other versions of this item:
Find related papers by JEL classification: F10 - International Economics - - Trade - - - General F20 - International Economics - - International Factor Movements and International Business - - - General D21 - Microeconomics - - Production and Organizations - - - Firm Behavior
This paper has been announced in the following NEP Reports :
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Andrew B. Bernard & J. Bradford Jensen & Peter K. Schott, 2005.
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05012, Research Institute of Economy, Trade and Industry (RIETI).
[Downloadable!]
Other versions:
Kozo Kiyota & Shujiro Urata, 2007.
"The Role of Multinational Firms in International Trade: The Case of Japan ,"
Working Papers
560, Research Seminar in International Economics, University of Michigan.
[Downloadable!] Kiyota, Kozo & Urata, Shujiro, 2008.
"The role of multinational firms in international trade: The case of Japan ,"
Japan and the World Economy ,
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"Exports, FDI, and Productivity: Dynamic Evidence from Japanese Firms ,"
Review of World Economics (Weltwirtschaftliches Archiv) ,
Springer, vol. 142(4), pages 695-719, December.
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Rafael Rob & Nikolaos Vettas, 2003.
"Foreign Direct Investment and Exports with Growing Demand ,"
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Lipsey, Robert E & Weiss, Merle Yahr, 1981.
"Foreign Production and Exports in Manufacturing Industries ,"
The Review of Economics and Statistics ,
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Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
URATA Shujiro & OKABE Misa, 2007.
"The Impacts of Free Trade Agreements on Trade Flows: An Application of the Gravity Model Approach ,"
Discussion papers
07052, Research Institute of Economy, Trade and Industry (RIETI).
[Downloadable!]
Fukunari Kimura & Kozo Kiyota, 2006.
"Exports, FDI, and Productivity: Dynamic Evidence from Japanese Firms ,"
Review of World Economics (Weltwirtschaftliches Archiv) ,
Springer, vol. 142(4), pages 695-719, December.
[Downloadable!] (restricted)
Kozo Kiyota & Toshiyuki Matsuura, 2006.
"Why Is Multinational Status Important? Evidence from Job Creation and Job Destruction in Japan ,"
Working Papers
555, Research Seminar in International Economics, University of Michigan.
[Downloadable!]
Tomohiko Inui & Toshiyuki Matsuura & Sandra Pocet, 2008.
"The Location of Japanese MNCs Affiliates: Agglomeration Spillovers and Firm Heterogeneity ,"
Discussion Paper Series
a506, Institute of Economic Research, Hitotsubashi University.
[Downloadable!]
Other versions: Kozo Kiyota & Shujiro Urata, 2007.
"The Role of Multinational Firms in International Trade: The Case of Japan ,"
Working Papers
560, Research Seminar in International Economics, University of Michigan.
[Downloadable!]
Other versions:
Kozo Kiyota & Shujiro Urata, 2005.
"The Role of Multinational Firms in International Trade: The Case of Japan ,"
Discussion papers
05012, Research Institute of Economy, Trade and Industry (RIETI).
[Downloadable!] Kiyota, Kozo & Urata, Shujiro, 2008.
"The role of multinational firms in international trade: The case of Japan ,"
Japan and the World Economy ,
Elsevier, vol. 20(3), pages 338-352, August.
[Downloadable!] (restricted) WAKASUGI Ryuhei & TODO Yasuyuki & SATO Hitoshi & NISHIOKA Shuichiro & MATSUURA Toshiyuki & ITO Banri & TANAKA Ayumu, 2008.
"The Internationalization of Japanese Firms: New Findings Based on Firm-Level Data ,"
Discussion papers
08036, Research Institute of Economy, Trade and Industry (RIETI).
[Downloadable!]
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