The role of multinational firms in international trade: The case of Japan

被引:7
|
作者
Kiyota, Kozo [2 ,3 ]
Urata, Shujiro [1 ]
机构
[1] Waseda Univ, Grad Sch Asia Pacific Studies, Shinjuku Ku, Tokyo 1690051, Japan
[2] Yokohama Natl Univ, Fac Business Adm, Yokohama, Kanagawa, Japan
[3] Univ Michigan, Gerald R Ford Sch Publ Policy, Ann Arbor, MI 48109 USA
基金
日本学术振兴会;
关键词
multinational firms; foreign direct investment; international trade;
D O I
10.1016/j.japwor.2007.03.003
中图分类号
F [经济];
学科分类号
02 ;
摘要
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. (C) 2007 Elsevier B.V. All rights reserved.
引用
收藏
页码:338 / 352
页数:15
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