Antidumping and foreign divestment: Japanese electronics multinationals in the EU

Antidumping measures, foreign direct investment, multinationals, European Union,

The role of labour cost in the location choices of Japanese investors in China

This article attempts to reconcile previous conflicting findings about the effects of labour cost on the location decisions of foreign investors in China. A conditional logit model is calibrated with its compatible disaggregated firm-level Japanese FDI data. It is hypothesised that previous counter-intuitively positive relationships between labour cost and incoming FDI in China may result from the failures to properly control spatial inflation differentials, labour quality, and quality of life. A Hausman-McFadden test is also conducted to test the robustness of the calibrated models. Copyright (c) 2006 the author(s). Journal compilation (c) 2006 RSAI.

Foreign-owned versus Domestically-owned Firms: Economic Performance in Japan

This paper utilizes micro-panel data for firms located in Japan and examines differences in corporate performance between foreign-owned and domestically-owned firms in the 1990s. We find that foreign-owned firms not only reflect superior static characteristics, but also achieve faster growth. Moreover, foreign investors appear to invest in firms that may not be immediately profitable, but those that are potentially the most profitable in the future. There is also no evidence that foreign investor is "foot-loose." These imply that foreign investors bring useful firm-specific assets into the Japanese market, which may work as an effective catalyst for necessary structural reform. Copyright � 2006 The Authors; Journal compilation � 2007 Blackwell Publishing Ltd.