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Japan's economic recovery : commercial policy, monetary policy, and corporate governance / edited by Robert M. Stern.

Contributor(s): Material type: TextTextPublisher: Cheltenham, UK ; Northampton, MA, USA : E. Elgar, [2003]Copyright date: ©2003Description: xix, 456 pages : illustrations ; 24 cmContent type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
ISBN:
  • 1843761203
  • 9781843761204
Subject(s): DDC classification:
  • 330.952 21
LOC classification:
  • HF1601 .J368 2003
Contents:
1. Introduction and Overview / Robert M. Stern -- Pt. I. Trade and Related Issues -- 2. Trade Diversion under NAFTA / Kyoji Fukao, Toshihiro Okubo and Robert M. Stern -- Comment / Shujiro Urata -- Comment / Eric D. Ramstetter -- 3. Time and Trade: The Role of Time in Determining the Structure and Effects of International Trade, with an Application to Japan / Alan V. Deardorff -- Comment / K. C. Fung -- 4. An Analysis of Japan's Changing Import Behavior / Theresa M. Greaney -- Comment / Yoko Sazanami -- Comment / Ryuhei Wakasugi -- Pt. II. Foreign Direct Investment, Trade, and the Behavior and Structure of Japanese Firms -- 5. Sources of Variation in the Productivity of Japanese Manufacturers / Keith Head and John Ries -- Comment / Keith E. Maskus -- Comment / Keiichiro Kobayashi -- 6. Foreign Direct Investment in Japan: Empirical Analysis Based on the Establishment and Enterprise Census / Keiko Ito and Kyoji Fukao -- Comment / Sadao Nagaoka -- Comment / Fukunari Kimura -- 7. Exports and Foreign Direct Investment Accelerate Corporate Reforms: Evidence from Japanese Micro Data / Fukunari Kimura and Kozo Kiyota -- Comment / Masahiro Kuroda -- Comment / Robert E. Lipsey -- Pt. III. Macro/Financial Issues -- 8. Prospective Japanese Economic Recovery: Perspectives from European Economic Recovery in the 1930s / Gary R. Saxonhouse -- Comment / Toshihiro Ihori -- Comment / Tetsuji Okazaki -- 9. Japan's Lost Decade and Weaknesses in Its Corporate Governance Structure / Mitsuhiro Fukao -- Comment / Hugh Patrick -- Comment / Yoshiro Miwa and J. Mark Ramseyer -- 10. Zero-Interest-Rate Policy, the Forward-Rate Curve, and Policy-Duration Effect / Hiroshi Fujiki and Shigenori Shiratsuka -- Comment / Kenneth D. West -- 11. Demographic Changes and Their Implications for Japanese Household Savings / Naohiro Yashiro -- Comment / Koichi Hamada -- 12. Restoring Full Employment in Japan: Domestic and International Policy Considerations / Takashi Omori -- Comment / Allan H. Meltzer -- Comment / Yoshio Higuchi.
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"This volume contains the papers and comments that were prepared in connection with a conference, 'Analytical issues in the trade, foreign direct investment, and macro/financial relations of the United States and Japan,' which was held at Keio University in Tokyo on May 18-19, 2001"--Pref.

Includes bibliographical references and index.

1. Introduction and Overview / Robert M. Stern -- Pt. I. Trade and Related Issues -- 2. Trade Diversion under NAFTA / Kyoji Fukao, Toshihiro Okubo and Robert M. Stern -- Comment / Shujiro Urata -- Comment / Eric D. Ramstetter -- 3. Time and Trade: The Role of Time in Determining the Structure and Effects of International Trade, with an Application to Japan / Alan V. Deardorff -- Comment / K. C. Fung -- 4. An Analysis of Japan's Changing Import Behavior / Theresa M. Greaney -- Comment / Yoko Sazanami -- Comment / Ryuhei Wakasugi -- Pt. II. Foreign Direct Investment, Trade, and the Behavior and Structure of Japanese Firms -- 5. Sources of Variation in the Productivity of Japanese Manufacturers / Keith Head and John Ries -- Comment / Keith E. Maskus -- Comment / Keiichiro Kobayashi -- 6. Foreign Direct Investment in Japan: Empirical Analysis Based on the Establishment and Enterprise Census / Keiko Ito and Kyoji Fukao -- Comment / Sadao Nagaoka -- Comment / Fukunari Kimura -- 7. Exports and Foreign Direct Investment Accelerate Corporate Reforms: Evidence from Japanese Micro Data / Fukunari Kimura and Kozo Kiyota -- Comment / Masahiro Kuroda -- Comment / Robert E. Lipsey -- Pt. III. Macro/Financial Issues -- 8. Prospective Japanese Economic Recovery: Perspectives from European Economic Recovery in the 1930s / Gary R. Saxonhouse -- Comment / Toshihiro Ihori -- Comment / Tetsuji Okazaki -- 9. Japan's Lost Decade and Weaknesses in Its Corporate Governance Structure / Mitsuhiro Fukao -- Comment / Hugh Patrick -- Comment / Yoshiro Miwa and J. Mark Ramseyer -- 10. Zero-Interest-Rate Policy, the Forward-Rate Curve, and Policy-Duration Effect / Hiroshi Fujiki and Shigenori Shiratsuka -- Comment / Kenneth D. West -- 11. Demographic Changes and Their Implications for Japanese Household Savings / Naohiro Yashiro -- Comment / Koichi Hamada -- 12. Restoring Full Employment in Japan: Domestic and International Policy Considerations / Takashi Omori -- Comment / Allan H. Meltzer -- Comment / Yoshio Higuchi.

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