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Office of Economics Working Paper: Japanese Corporate Activities in Asia: Implications For U,S,-Japan Relations

机译:经济办公室工作文件:日本在亚洲的企业活动:对U,s, - 日本关系的影响

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摘要

In Japan, certain business practices that are employed by the keiretsu to maintain stability and prices have the effect of raising the costs and risks of doing business for outsiders, and of making it difficult to access the market. A central question about Japanese investments abroad is whether similar organizational structures and practices of keiretsu are in evidence in markets with extensive Japanese investments. If this is the case, what are the likely implications for foreign market access as a result of such activities. There is a possibility that the keiretsu integrated across borders and operating in downstream distribution channels could become exclusive or closed to non-keiretsu companies. In both cases, from an international trade policy viewpoint, this could constitute a Transplanted Trade Barrier (TTB) or measures, policies or practices which, when transferred from one economy to another may have the impact of impeding imports or market access. This paper provides additional insight into the organization and functions of keiretsu in selected countries, particularly with regard to their implications for market access. Based on a survey of Japanese companies in three Asian economies, a majority of Japanese affiliated companies have ties to the keiretsu in Japan.

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