Withdrawal of Overseas Japanese Firms from Asia: 1971-1988: I. Setting of the issues

Haruo Horaguchi

Japanese Economy, 1993, vol. 21, issue 4, 25-57

Abstract: Cases of withdrawal: In the preceding chapter, "Determinants of Overseas Direct Investment: Empirical Analysis," we explored factors that affected the frequency of the withdrawal of overseas subsidiaries of Japanese parent corporations. There, we captured the withdrawal from the standpoint of the reversal of the advantage of the management resource. In doing it, we did not analyze factors contributing to the pullout, such as the stagnation of demand and the intensified entry in the receiving countries of direct investments; thus, the theme of this chapter is examination of the characteristics of the countries in the areas in which Japanese capital moved.

Date: 1993
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DOI: 10.2753/JES1097-203X210425

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