Foreign Direct Investment and Trade in Japan: An Empirical Analysis Based on the Establishment and Enterprise Census for 1996

Keiko Ito, 恵子 伊藤, ケイコ イトウ, Kyoji Fukao, 京司 深尾 and キョウジ フカオ

No a441, Discussion Paper Series from Institute of Economic Research, Hitotsubashi University

Abstract: Using micro-data of the Establishment and Enterprise Census, we compile new statistics on the employment of Japanese affiliates of foreign firms at the 3-digit industry level for the year 1996. We find that the existing official statistics severely underestimate inward FDI. Nevertheless, the level of inward FDI in Japan is much lower than that in the United States. The results of our regression analyses imply that by eliminating the restrictions on inward FDI and reducing government activities, Japan can increase inward FDI in the service sector. Our results also suggest that the keiretsu do not act as an impediment to inward FDI.

Keywords: Foreign Direct Investment; Services Trade; Keiretsu; GATS (search for similar items in EconPapers)
JEL-codes: F14 F23 L50 (search for similar items in EconPapers)
Pages: 56 pages
Date: 2003-08
Note: Revised version, July 2003, Bibliography: p. 36-40, Running title: Foreign Direct Investment in Japan
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

Downloads: (external link)
https://hermes-ir.lib.hit-u.ac.jp/hermes/ir/re/13823/DP441.pdf

Related works:
Journal Article: Foreign direct investment and trade in Japan: An empirical analysis based on the Establishment and Enterprise Census for 1996 (2005)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hit:hituec:a441

Access Statistics for this paper

More papers in Discussion Paper Series from Institute of Economic Research, Hitotsubashi University Contact information at EDIRC.
Bibliographic data for series maintained by Hiromichi Miyake ().