publication . Article . Other literature type . 2004

Competition in Japan

Porter, Michael E; Sakakibara, Mariko;
Open Access
  • Published: 01 Feb 2004 Journal: Journal of Economic Perspectives, volume 18, issue 1 Winter, pages 27-50
Abstract
<jats:p> This article examines competition in Japan and its link to postwar economic prosperity. While Japan's industrial structure and competition policy seem to indicate that competition in Japan has been less intense, the empirical evidence does not support this conclusion. The sectors in which competition was restricted prove to be those where Japan was not internationally successful. In the internationally successful sectors, internal competition in Japan was invariably fierce. While the level of competition in Japan is currently rising, economic recovery is still hindered by distortions in the competition in many industries. </jats:p>
Subjects
free text keywords: Economics and Econometrics
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