G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w7693
来源IDWorking Paper 7693
FDI in the Restructuring of the Japanese Economy
Magnus Blomstrom; Denise Konan; Robert E. Lipsey
发表日期2000-05-01
出版年2000
语种英语
摘要This paper examines how inward and outward foreign direct investment (FDI) have influenced the restructuring of the Japanese economy and can be expected to continue to do so in the future. We find that outward investment has helped Japanese firms to sustain foreign market shares and contributed to the restructuring of the Japanese economy away from older industries. By shifting from exporting to affiliate production, there has been a geographical reallocation of the activities of Japanese firms, particularly those of multinational manufacturing firms. However, Japanese outward FDI is still not very large relative to the Japanese economy, despite the rapid growth since the mid-1980s, and there is still scope for significant increase when compared with the levels of most other OECD countries. Inward FDI will presumably have an even stronger impact on the restructuring of the Japanese economy. Although the stock of inward foreign direct investment is still very small, there are important changes under way. Deregulation has opened up much of the industrial and service sectors to foreign multinationals.
主题International Economics ; International Factor Mobility
URLhttps://www.nber.org/papers/w7693
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/565254
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Magnus Blomstrom,Denise Konan,Robert E. Lipsey. FDI in the Restructuring of the Japanese Economy. 2000.
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