Agglomeration effects of inter-firm backward and forward linkages: Evidence from Japanese manufacturing investment in China

Nobuaki Yamashita, Toshiyuki Matsuura, Kentaro Nakajima

研究成果: Article査読

14 被引用数 (Scopus)

抄録

This paper examines the agglomeration effects of multinational firms on the location decisions of first-time Japanese manufacturing investors in China for the period 1995-2007. This is accomplished by exploiting newly constructed measures of inter-firm backward and forward linkages formed in a home country. The conditional and mixed logit estimates reveal that agglomeration by first-tier suppliers and customers draws subsequent investment into a location. However, such agglomeration effects are not pervasive and do not extend to the second and third tiers. Instead, we find that agglomeration by third-tier suppliers generates a countervailing force, making a location relatively unattractive.

本文言語English
ページ(範囲)24-41
ページ数18
ジャーナルJournal of The Japanese and International Economies
34
DOI
出版ステータスPublished - 2014 12

ASJC Scopus subject areas

  • 財務
  • 経済学、計量経済学
  • 政治学と国際関係論

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