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E-book
Author Tokunaga, Suminori, author.

Title Agglomeration economies and the location of Japanese investment in East Asia : globalization and the geography of the supply chain / Suminori Tokunaga
Published Tokyo : Springer, 2023

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Description 1 online resource (196 pages) : illustrations (black and white)
Series New frontiers in regional science. Asian perspectives
New frontiers in regional science: Asian perspectives.
Contents Chapter 1 Introduction -- Chapter 2 Overview of Industrial Agglomeration and Location of Japanese FDI -- Chapter 3 Agglomeration Economies of Assembly-type Manufacturing Industry in Japan -- Chapter 4 Agglomeration Effects and Location of Japanese FDI in East Asia -- Chapter 5 Market potential, Supplier Access and Location of Japanese FDI in East Asia -- Chapter 6 Agglomeration Effects and Location of Japanese FDI in China -- Chapter 7 Market Potential, Supplier Access and Location of Japanese FDI in China -- Chapter 8 Agglomeration Economies of Manufacturing Industry in China -- Chapter 9 Conclusion
Summary This book shows that agglomeration economies, new industrial clusters, and Japanese multinational firms location are particularly important for the Japanese manufacturing industry in Japan and East Asia. For that industry, the author first estimated the flexible translog production function using four-digit SIC industry panel data and panel data of the indices of Ellison and Glaeser (1997) agglomeration with the same industry and coagglomeration with different industry groups for 19852000. From the estimated results, it was found that there are positive impacts of agglomeration economies on production, especially the externality coagglomeration effect and very slight increasing returns to scale in the Japanese manufacturing industry. Next, the estimation of the location for Japanese industry foreign direct investment (FDI) for 19862009 in East Asia using the new economic geography (NEG) model was shown. From these results of estimation of location factors, it was found that the agglomeration economies, market potential and supplier access are particularly important in the location choice of the Japanese manufacturing industry in East Asia. Finally, as Japans overall population has been declining since around 2010, the author was to build new industry clusters with digital technologies and elucidate their economic effects to overcome the negative economic impact of declining population and the COVID-19 pandemic using a dynamic four-region computable general equilibrium (D4SCGE) model. The innovation is promoted by these horizontal and vertical agglomerations, and construction of a production pyramid with an efficient production linkagethat is, the construction of new, efficient industrial clustersis an important policy issue
Notes Print version record
Subject Industrial clusters -- East Asia
Investments, Japanese -- East Asia
Manufacturing industries -- Japan
Globalization -- Economic aspects -- East Asia
SUBJECT East Asia -- Economic conditions. http://id.loc.gov/authorities/subjects/sh85040528
Subject Japan
Form Electronic book
ISBN 9784431555919
4431555919