2002-06-01
The location of Japanese investments in China: Agglomeration effects, keiretsu, and firm heterogeneity
Publication
Publication
Journal of the Japanese and International Economies , Volume 16 - Issue 2 p. 194- 211
Conditional logit analysis of locational choices by Japanese electronics manufacturers in China's regions and provinces during 1990-1995 confirms a major impact of general industry, Japanese, and keiretsu-specific agglomeration benefits. The effects of key determinants of locational choice vary substantially by investor size and market orientation of manufacturing plants. Small and medium-sized enterprises are more sensitive to Japanese agglomeration and prefer locations closer to Japan than larger firms, but appear to benefit less from region-specific investment incentives. Export-oriented plants are more responsive than local-market-oriented plants to Japanese (keiretsu) agglomeration and the presence of seaports, but appear less responsive to regional demand and region-specific incentives.
| Additional Metadata | |
|---|---|
| doi.org/10.1006/jjie.2001.0491, hdl.handle.net/1765/54547 | |
| Journal of the Japanese and International Economies | |
| Organisation | Erasmus Research Institute of Management |
|
Belderbos, R., & Carree, M. (2002). The location of Japanese investments in China: Agglomeration effects, keiretsu, and firm heterogeneity. Journal of the Japanese and International Economies (Vol. 16, pp. 194–211). doi:10.1006/jjie.2001.0491 |
|