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The Internationalization of Japanese Firms: New findings based on firm-level data (Japanese)

Author

Listed:
  • WAKASUGI Ryuhei
  • TODO Yasuyuki
  • SATO Hitoshi
  • NISHIOKA Shuichiro
  • MATSUURA Toshiyuk
  • ITO Banri
  • TANAKA Ayumu

Abstract

Using firm-level data for the Japanese manufacturing sector, we examine characteristics of internationalized firms, i.e., firms engaging in export and/or foreign direct investment (FDI), and compare these characteristics with those for selected European countries. We find that internationalized firms are a few and that their productivity is higher than that of non-internationalized firms, confirming the findings of existing studies on Japan and other countries. In addition, we find that productivity differences between non- internationalized firms, exporters, and FDI firms are substantially smaller in Japan than in the European countries. This evidence suggests that productivity differences alone cannot determine export or FDI behavior of Japanese firms.

Suggested Citation

  • WAKASUGI Ryuhei & TODO Yasuyuki & SATO Hitoshi & NISHIOKA Shuichiro & MATSUURA Toshiyuk & ITO Banri & TANAKA Ayumu, 2008. "The Internationalization of Japanese Firms: New findings based on firm-level data (Japanese)," Discussion Papers (Japanese) 08046, Research Institute of Economy, Trade and Industry (RIETI).
  • Handle: RePEc:eti:rdpsjp:08046
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    Cited by:

    1. Uchida, Yoko & Oyamada, Kazuhiko, 2015. "Theory and empirics of Markusen type multinationals," IDE Discussion Papers 516, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    2. JINJI Naoto & ZHANG Xingyuan & HARUNA Shoji, 2011. "Does Tobin's q Matter for Firms' Choices of Globalization Mode?," Discussion papers 11061, Research Institute of Economy, Trade and Industry (RIETI).
    3. Ayumu Tanaka, "undated". "Why Do Exporters and Multinational Firms Pay Higher Wages?:Evidence from Japanese Linked Employer–Employee Data," Discussion papers e-17-013, Graduate School of Economics , Kyoto University.

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