Production Offshoring and Investment by Japanese Firms /

We trace Japanese corporate investment across different types of firms over the past decades and estimate the main determinants of investment. We find that there are differences in investment behavior between firms expanding abroad and those operating mainly in domestic markets. On the back of a tre...

Полное описание

Библиографические подробности
Главный автор: Kang, Joong
Другие авторы: Piao, Shi
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2015.
Серии:IMF Working Papers; Working Paper ; No. 2015/183
Online-ссылка:Full text available on IMF
LEADER 01744cas a2200253 a 4500
001 AALejournalIMF015422
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781513557298 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Kang, Joong. 
245 1 0 |a Production Offshoring and Investment by Japanese Firms /  |c Joong Kang, Shi Piao. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2015. 
300 |a 1 online resource (20 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a We trace Japanese corporate investment across different types of firms over the past decades and estimate the main determinants of investment. We find that there are differences in investment behavior between firms expanding abroad and those operating mainly in domestic markets. On the back of a trend increase in production offshoring, investment by large companies, especially those in the transportation sector, is more positively associated with cash flow while responding less to Q ratio. These findings are consistent with the subdued recovery of private investment in recent years despite booming stock markets and the large build up of cash holdings by Japanese corporates. 
538 |a Mode of access: Internet 
700 1 |a Piao, Shi. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2015/183 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2015/183/001.2015.issue-183-en.xml  |z IMF e-Library