Keiretsu Transactions

Koichi Shimokawa

Japanese Economy, 1993, vol. 21, issue 3, 49-65

Abstract: Before taking up the task of discussing international comparisons of keiretsu transactions, one fact must be made clear. This is that this form of transactions exists in the United States as well. It, in fact, existed particularly in such durable consumer goods industries as automobiles and is in the process of emerging in production of parts and components even though it is alleged that keiretsu transactions do not exist in the United States. Although they are not exactly identical with those observed in Japan there is a considerable similarity between them. This is always a point of contention between Japan and the United States that officially insists that it is only in Japan that closed keiretsu transactions exist.

Date: 1993
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DOI: 10.2753/JES1097-203X210349

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