Japanese direct investment in the European Community: the product cycle revisited
Article Abstract:
Japanese investment in Western Europe and the US is mainly driven by a desire to gain proximity to larger markets. There are two main misconceptions about direct Japanese investment in Western Europe. Government inducements and comparative benefits do not determine investment in Europe. Japanese companies also do not invest to avoid potential European trade barriers. Compaines would invest without trade barriers to liberate domestic resources for new products and to defend market share from growing competition. Vernon's product cycle hypothesis is used to dispel the misconceptions.
Publication Name: World Economy
Subject: Economics
ISSN: 0378-5920
Year: 1993
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Converging European transitions
Article Abstract:
Transitions taking place in Europe, such as the end of the 'second world' and developments affecting the European Union, are examined in detail with their implications.
Publication Name: World Economy
Subject: Economics
ISSN: 0378-5920
Year: 2000
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European Integration and the Functioning of Product Markets
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Publication Name: World Economy
Subject: Economics
ISSN: 0378-5920
Year: 2006
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