Pricing practices in Japan

Robert Hsu

Global Business and Economics Review, 1999, vol. 1, issue 2, 164-171

Abstract: This article assembles evidence from the literature and from the author's interviews in Japan to present a varied, though incomplete, picture of pricing practices in various sectors of the Japanese economy. It is shown that there is no uniform rule of pricing because of differences in cost structure, market power, export strategy, and government intervention. Many prices are administered prices or monopolistic prices. Domestic prices tend to be relatively high while export prices tend to be relatively low. In the 1990s, however, competitive market prices have become increasingly important.

Keywords: Japan; pricing practices; cost structure; market power; export strategy; government intervention; Japanese economy. (search for similar items in EconPapers)
Date: 1999
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