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Keiretsu and Japanese Direct Investment in US Manufacturing
Oleh:
Kimura, Yui
;
Pugel, Thomas A.
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
JAPAN AND THE WORLD ECONOMY vol. 7 no. 4 (1995)
,
page 481-504.
Topik:
investment
;
direct investment
;
manufacturing
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
JJ47.5
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
This paper examines the determinants of the pattern of Japanese direct investment activity across US manufacturing industries, focusing on the role of inter-corporate linkages that define keiretsu groups of firms in Japan. Variables stressed in the standard FDI theory - variables representing possession of intangible assets, especially technology, and host-country (US) government policies - are significant explanators of both FDI by Japanese parent firms that are members of keiretsu in Japan and overall Japanese FDI. There is also a significant role for supplier connections to core electronics and automobile industries, a result consistent with the transfer of keiretsu supplier - buyer relationships to the United States.
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