Japanese Multinational Enterprises and AFTA: Restructuring and Market Segmentation

  • Haruo Horaguchi
Conference paper


The 6th ASEAN summit meeting was held at Hanoi in December 1998. It set the target year for realization of AFTA (ASEAN Free Trade Area) in January 1, 2002. As Cambodia joined ASEAN in April 1999, the membership of ASEAN became 10 countries, namely Singapore, Indonesia, Malaysia, the Philippines, Thailand, Brunei, Vietnam, Laos, Myanmar, and Cambodia1.


World Trade Organization Tariff Rate Computational General Equilibrium Model Regional Association Free Trade Area 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. Aoki, T (1997) “AFTA to Nihon Kigyo (AFTA and Japanese Companies),” in T. Aoki and K. Umada eds., Nihon Kigyo to Chokusetsu Toushi: Tai Ajia Toushi no Aratana Kadai (Japanese Companies and Foreign Direct Investment: New Challenge for Asian Investment), Keisou publishing Co.Google Scholar
  2. Baldwin. R.(1989) “The Growth Effect of 1992,” Economic Policy, October.Google Scholar
  3. Ballard C.L. and Cheong, I. (1997) “The Effects of Economic Integration in the Pacific Rim: A Computational General Equilibrium Analysis,” Journal of Asian Economics, vol.8, no.4, pp.505–524.CrossRefGoogle Scholar
  4. Eguchi, Y. (1991) “Chiikishugi no Shinshiten (A New Viewpoint of Regionalism), “Sekai Keizai Hyouron (World Economy Review), August.Google Scholar
  5. Gatsios K., and Karp, L.(1991) “Delegation Games in Customs Unions,” Review of Economic Studies, vol.58, no.2, pp.391–397.CrossRefGoogle Scholar
  6. Horaguchi, H. (1999) “Singapore, Malaysia no Denki Denshi Sangyou: 14 Kigyou deno Hiyaringu Kekka (Electrical Machinery and Electronic Industry in Singapore and Malaysia: Hearing Result of the 14 Companies) in T. Maruya ed., Gaikoku Chokusetsu Toushi to Jiba Kigyou no Hatten, Chosa Kenkyuu Houkokusho, Keizai Kyouryoku Kenkyubu (Foreign Direct Investment and Development of Local Company, Research Report an Economic Assistance Research Section), 1998-No.1, Nihon Boueki Shinkoukai-Ajia Keizai Kenkyusho (JETRO and the Institute of Developing Economies).Google Scholar
  7. Ikemoto, Y. (1996) “ NAFTA to Tai Keizai (NAFTA and Thai Economy),” T. Taniura ed., NAFTA to Ajia Keizai: Jiyuuka niyoru Chiikitougou eno Taiou (NAFTA and Asian Economy: Response to Regional Integration by Liberalization), Chapter 8, Institute of Developing Economies.Google Scholar
  8. Itoh, M. (1996) Zemiraaru Kokusai Keizaigaku Nyuumon (Seminar on International Economy), Nihon Keizai Shimbunshya.Google Scholar
  9. Iwata, K. (1998) “Riijonarizumu no Hikari to Kage (Light and Shadow of Regionalism)” T. Kamo, M. Ito, and K. Ishiguro eds., Riidingusu Kokusai Seiji Keizai Sisutemu 2: Soutaika suru Kokkyou (Readings, Internaional Political Economy System, vol.2, Relativity in National Border), Yuuhikaku Publishing Co.Google Scholar
  10. Kawasaki, K., Kushima, T., and Mitsufuji, M. (1997) “APEC Jiyuu Boueki no Keizai Bunseki: CGE Modem niyoru Simyureishon Bunseki (Economic Analysis of APEC Trade Liberalization: Simulation Analysis by CGE Model),” Kaigai Toushi Kenkyushohou (Bulletin of Foreign Investment Research Institute), vol.23, no. 12.Google Scholar
  11. Keizai Kikakucho Keizai Kenkyusho Hen, (Economic Planning Agency Economic Research Institute ed.) (1998) “Ouyou Ippan Kinkou Modem niyoru Boueki Toushi Jiyuuka to Kankyou Seisaku no Hyouka (Evaluation for Trade, Investment Liberalization and Environment by the Applied General Equilibrium Model),” Keizai Bunseki (Economic Analysis), no. 156.Google Scholar
  12. Kokusai Boueki Toushi Kenkyusho-Kousei Boueki Senta (International Trade and Investment Research Institute and Fair-trade Center) (1999) AICO Sukiimu ni Kansuru Chosa Kenkyuu: ASEAN Sangyou Kougyou Kyouryoku Sukiimu (Research on the AICO Scheme: ASEAN Industrial Cooperation Scheme), Kokusai Boueki Toushi Kenkyusho-Kousei Boueki Senta (International Trade and Investment Research Institute and Fair-trade Center).Google Scholar
  13. Komiya, R. (1999) Nihon no Sangyou Boueki no Keizai Bunseki (Economic Analysis of Japanese Industry and Trade), Touyou Keizai publishing Co.Google Scholar
  14. Krugman, P., (1991) “Is Bilateralism Bad?” E. Helpman and A. Razin eds., International Trade and Policy, Cambridge, MIT Press.Google Scholar
  15. MacDougall, G.D.A. (1960) “The Benefits and Costs of Private Investment from Abroad: A Theoretical Approach,” Economic Record, Special Issue, March.Google Scholar
  16. Okada, A. (1991) “Ajia Taiheiyou no ‘Keizaiken’ Kousou to Sono Yukue (A Perspective and the Future of the “Economic Bloc” of Asia and the Pacific Ocean),” Sekai Keizai Hyouron (World Economy Review), October.Google Scholar
  17. Shimizu, K. (1998) ASEAN Ikinai Keizai Kyouryoku no Seiji Keizaigaku (Political Economy of ASEAN Regional Economic Cooperation), Minerva Shobou publishing Co.Google Scholar
  18. Shimizu, K. (1999) “Ajia Keizaikiki to ASEAN Ikinai Keizai Kyouryoku (Asian Economic Crisis and ASEAN Regional Economic Cooperation), Sekai Keizai Hyouron (World Economy Review), May.Google Scholar
  19. Takachi, Y. (1987) “ASEAN niokeru Ikinai Keizai Kyouryoku no Jittai to Tenbou (Reality and Perspective for the Regional Economic Cooperation in ASEAN), Kaigai Toushi Kenkyushohou (Bulletin of Foreign Investment Research Institute), vol.13, no. 12.Google Scholar
  20. Tan, J.L.H.(1996), AFTA in the Changing International Economy, Institute of Southeast Asian Studies.Google Scholar
  21. Tokunaga, S. (1994) “Chiiki Tougou ni Kansuru Keizai Bunseki no Saabei (Survey of the Economical Analysis about Regional Integration),” in K. Ono ed, Keizai Tougou to Hatten Tojoukoku: EC, NAFTA, Higashi Ajia (Economic Integration and Developing Countries: EC, NAFTA and East Asia), Chapter 2, Ajia Keizai Kenkyusho (Institute of Developing Economies).Google Scholar
  22. Tsusho Sangyou Shou (The Ministry of International Trade and Industry) ed. (1996) Heisei Hachinenban Tsusho Hakusho: Souron (Year of Heisei 8 edition, White Paper on International Trade and Industry: General Survey), Ookurashou Insatsukyoku (Printing Bureau of Ministry of Finance).Google Scholar
  23. Ueda, R. (1999) “AFTA (ASEAN Jiyuu Boueki Ken) Tenbou: Susumu ASEAN no Boueki Toushi no Jiyuuka (Survey on AFTA (ASEAN Free Trade Area): Progressing Liberalizaion of Trade and Investment),” Dai-Ichi Kangin Sougou Kenkyusho ed., (Dai-Ichi Kangyo Bank Research Institutes ed.,) Chosa Repouto (Investigation Report), No. 13 (May 27).Google Scholar
  24. Viner, J. (1950) The Customs Union Issue, New York, Carnegie Endowment for International Peace.Google Scholar
  25. Yi, S. (1996) “Endogenous Formation of Customs Unions Under Imperfect Competition: Open Regionalism is Good,” Journal of International Economics, vol.41, no. 1/2, pp. 153–177.CrossRefGoogle Scholar
  26. Yotopoulos, P. A., and Nugent, J.B.(1976) Economics of Development: Empirical Investigations, Harper & Row.Google Scholar

Copyright information

© Springer Japan 2002

Authors and Affiliations

  • Haruo Horaguchi
    • 1
  1. 1.Hosei UniversityJapan

Personalised recommendations