Distribution and Competition Policy in the Japanese Machine Tool Industry: A Survey

Noriyuki Doi
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Noriyuki Doi: Innovation System Research Center, Kwansei Gakuin University

No 265, Discussion Paper Series from School of Economics, Kwansei Gakuin University

Abstract: Nowadays, producer goods occupy an important position in a country's industrial structure. It is therefore necessary to discuss the links between competition, competitiveness and public policy in the industries. Then it is noteworthy that in Japan producer goods users often procure through 'trading companies'. The trading companies may have an influence on the efficiency of distribution networks vertical firm relations, and competition at the stages of supply chain. However, there has not been much 'economic analysis' of trading companies or the distribution network in the industries. This paper examines the competition mechanism in the machine tool industry, one of major producer goods in Japan particularly focusing on the distribution system of a trading company, one of the main features of the industry, from the perspective of economics, and then to clarify its relation to competition policy. It also summarizes the theoretical and policy issues that need to be addressed in the examination.

Keywords: producer goods; machine tool; competition; distribution network; competition policy (search for similar items in EconPapers)
JEL-codes: L14 L41 L42 L52 L64 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2024-01
New Economics Papers: this item is included in nep-com and nep-reg
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