The Japanese edge in investment: the financial side

William P. Osterberg

Economic Commentary, 1987, issue Mar

Abstract: An argument that the Japanese investment advantage over the United States results largely from lower pre-tax required rates of return and lower agency costs of debt in Japan, rather than from a less-burdensome tax code.

Keywords: Economic conditions - Japan; Competition; Japan (search for similar items in EconPapers)
Date: 1987
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