Multi-plant operation and headquarters separation: Evidence from Japanese plant-level panel data
Toshihiro Okubo () and
Japan and the World Economy, 2016, vol. 39, issue C, 12-22
This paper shows (i) under what circumstances corporate headquarters (HQs) are separated from production plants and (ii) what type of plants are operated by multi-plant firms. By analyzing Japanese plant-level panel data from manufacturing census, we find that large-sized plants or plants intensively purchasing materials significantly tend to be separated from HQs and become a part of multi-plant operations. This pattern suggests an impact of managerial burden. We confirm the robustness of our main findings by dynamic switching patterns of plant status. Factors of economic geography, such as distance from core, also have noticeable impacts.
Keywords: Corporate headquarters; Multi-plant operation; Plant size; Plant-level data (search for similar items in EconPapers)
JEL-codes: L22 L23 R32 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:japwor:v:39:y:2016:i:c:p:12-22
Access Statistics for this article
Japan and the World Economy is currently edited by Robert Dekle and Yasushi Hamao
More articles in Japan and the World Economy from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().