The role of multinational firms in international trade: The case of Japan

Kozo Kiyota, Shujiro Urata

研究成果: Article

7 引用 (Scopus)

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This paper examines the role of multinational firms in international trade using firm-level panel data for Japanese firms between 1994 and 2000. Our results indicate that multinational firms dominate Japanese trade. In 2000, only 12.4 percent of Japanese firms were multinationals but they accounted for 93.6 and 81.2 percent of Japanese exports and imports, respectively. We found that multinational firms emerged from being exporters/importers. These results imply that firms do not make the choice of either exporting or undertaking FDI, contrary to the findings of previous studies. Rather, exporters make a decision on whether or not to undertake FDI.

元の言語English
ページ(範囲)338-352
ページ数15
ジャーナルJapan and the World Economy
20
発行部数3
DOI
出版物ステータスPublished - 2008 8

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ASJC Scopus subject areas

  • Economics and Econometrics
  • Finance

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