Competition in Japan

Competition in Japan

This article examines competition in Japan and its link to postwar economic prosperity. While Japan's industrial structure and competition policy seem to indicate that competition in Japan has been less intense, the empirical evidence does not support this conclusion. The sectors in which compe...

Full description

Saved in:
Bibliographic Details
Published in:The Journal of economic perspectives Vol. 18; no. 1; pp. 27 - 50
Main Authors: Porter, Michael E., Sakakibara, Mariko
Format: Journal Article
Language:English
Published: Nashville American Economic Association 01-01-2004
Subjects:
Antitrust
Automotive industries
Bank loans
Banking industry
Banks
Bond issues
Bond markets
Business structures
Cartels
Competition
Economic competition
Economic development
Economic growth
Economic history
Economic theory
Economics
Equity financing
Government intervention
Income
Industrial economics
Industrial policy
Industry
Japan
Prosperity
Regulatory competition
Rivalry
Stockholders
Studies
Symposium: Japan's Economy
World War II
Japan
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:This article examines competition in Japan and its link to postwar economic prosperity. While Japan's industrial structure and competition policy seem to indicate that competition in Japan has been less intense, the empirical evidence does not support this conclusion. The sectors in which competition was restricted prove to be those where Japan was not internationally successful. In the internationally successful sectors, internal competition in Japan was invariably fierce. While the level of competition in Japan is currently rising, economic recovery is still hindered by distortions in the competition in many industries.
Bibliography:ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
content type line 23
ISSN:0895-3309
1944-7965
DOI:10.1257/089533004773563421