Abstract
The post-war development of the Japanese automobile industry indicates some evolutionary growth in a particular industry suggested by Rowthorn (1992) and Horstmann and Markusen (1992). With expanding market during the Rapid Growth in 1960’s, Japanese automakers substantially increased their production and started exporting at fast rate in 1970’s. After the voluntary export restraints to the U.S. market and evaluations of yen began in 1980’s, many Japanese automakers were engaged in foreign direct investment and become multinational firms.
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Ono, H. (2001). Equilibrium Locations: Product Cost Differentials and the Market Size. In: Negishi, T., Ramachandran, R.V., Mino, K. (eds) Economic Theory, Dynamics and Markets. Research Monographs in Japan-U.S. Business & Economics, vol 5. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-1677-4_31
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DOI: https://doi.org/10.1007/978-1-4615-1677-4_31
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