Abstract:
The paper analyses the competitive process and performance behaviour of Japanese manufacturing between 1985 and 1997. Technological changes, international competition and reducing barriers in domestic and international markets are playing a significant role to speed up the performance behaviour in Japanese manufacturing. Scale economies, product differentiation and openness of the economy are used in explaining profit behaviour of manufacturing firms. Findings are compared with existing studies from Japan as well as from other developed countries such as Australia and the USA. Copyright 2007 The Author Journal compilation 2007 Blackwell Publishing Ltd