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来源类型Working Paper
规范类型报告
DOI10.3386/w7572
来源IDWorking Paper 7572
Keiretsu and Relationship-Specific Investment: A Barrier to Trade?
Barbara J. Spencer; Larry D. Qiu
发表日期2000-02-01
出版年2000
语种英语
摘要This paper develops a model of informal procurement within Japanese keiretsu so as to consider effects on intermediate-good imports, such as auto parts. Parts-suppliers make relationship-specific investments that benefit the auto-maker and prices are determined by bargaining after investment has been sunk. Although this investment raises efficiency, it limits the range of imports to less important parts such as tail pipes and it is possible that no parts are imported, despite lower foreign production costs. Lack of information concerning investment rents combined with counterintuitive effects on imports and Japanese production costs could create unwarranted perceptions of a trade barrier.
主题International Economics ; Trade
URLhttps://www.nber.org/papers/w7572
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/565119
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GB/T 7714
Barbara J. Spencer,Larry D. Qiu. Keiretsu and Relationship-Specific Investment: A Barrier to Trade?. 2000.
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