Firms and Foreign Market Engagement: Internationalization Strategies Among Japanese Firms
16 Pages Posted: 31 Aug 2011
Date Written: August 25, 2011
A growing body of trade research identifies significant differences between exporters (as well as importers) and firms that produce solely for the domestic market. Other strands of scholarship anticipate similar patterns among firms that engage in FDI and outsourcing, and those that do not. Furthermore, many firms engage in trade indirectly, utilizing third-party distribution networks. In this paper, I employ original survey data of Japanese manufacturing firms to study patterns among firm-level strategies for engaging the global economy. An improved understanding these behaviors should allow for the creation of better informed policy prescriptions; in future work, I also hope to increase our understanding of the ways in which heterogeneity in firm characteristics and behaviors can affect the ways in which firms seek to influence governments' policy-making processes.
Keywords: Firm Heterogeneity, Foreign Direct Investment, Intermediated Trade, International Trade, Internationalization, Japanese Economy, Outsourcing
JEL Classification: F13, F14, F15, F23
Suggested Citation: Suggested Citation