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International Fragmentation of Production : The Impact of Outsourcing on the Japanese Economy by Nobuaki Yamashita is a book available to read on EtoBox.

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Using state-of-the-art econometric tools, this book examines the implications of international fragmentation of production for the performance of the Japanese manufacturing industry. The impact of the ongoing process of international fragmentation of production and outsourcing has become a highly contentious issue in developed economies such as the US and Japan. Concerns about deindustrialisation and large-scale job losses - 'the export of jobs' have generated a political backlash against multinationals and globalisation. Using detailed data from Japanese multinationals this book rigorously analyses the Japanese experience and compares and contrasts it with the experience of US manufacturing. The study finds no empirical evidence that expansion of multinational activities in foreign countries produces job losses in the home country. Indeed, when demand induced indirect employment effects are taken into account the increased profitability of Japanese firms is likely to have increased overall employment in Japan. However, the shift of labour intensive activities to low wage economies associated with the international fragmentation of production generates adjustment pressures and a st

Author

Nobuaki Yamashita

Publisher

Edward Elgar Publishing Ltd

Published

2010

Language

EN

ISBN

9781848446373

Subjects

Technology, Economics, Stem