By Kiyohiko G. Nishimura, Towa Tachibana (auth.), Ryuzo Sato, Rama Ramachandran, Hajime Hori (eds.)
Organization, functionality and fairness: views at the JapaneseEconomy presents an research of key elements of the japanese financial system and company buildings, edited by way of prime American-based Japan students. The contributions to this ebook are grouped into 4 significant different types: corporations; source of revenue distributions; technological growth; and macro functionality.
the 1st part examines the retail region, the position of data in comparing distribution platforms, and possession buildings and their influence on welfare, all within the context of the japanese financial system. the second one part issues problems with eastern tax constructions, development, and source of revenue transfers, whereas the 3rd part makes a speciality of expertise and productiveness. The concluding part addresses significant macro matters like exchange and the worth of the yen.
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Additional info for Organization, Performance and Equity: Perspectives on the Japanese Economy
See APPENDIX B for the definition of variables. 228 Test Statistic Notes: a) Number of observations: 47 Japanese prefectures. b) Numbers in parentheses are t-statistics. 02. c) SSR shows sum of squared residuals. 84. See APPENDIX B for the definition of variables. = 33 34 SATO, RAMACHANDRAN AND HORI Our wholesale price index is not good enough to investigate this issue (see APPENDIX B). In sum, the results shown in Table 5 suggest that entry regulations have a sizable impact on very large stores, that is, TYPE-I Large Stores in increasing sales per store.
Similarly, the weight is the number of workers for the sales per worker. In the endogenous regulation, the model becomes a simultaneousequations system. There are three endogenous variables: for example, LS P S, SSP S, and REG in the regression for sales per store. Since we are not confident in the specification for the determinants of the regulation index (18), we apply the limited-information estimation method, specifically the two-stage least squares. All regressions are weighted as in the exogenous-regulation specification.
A tentative test using sales per store as a surrogate of price, strongly supports the recursive structure. ORGANIZATION, PERFORMANCE, AND EQUITY 29 square meters, which corresponds to the definition of the Large Scale Retail Store Law, and which we hereafter call the TYPE-I Large Stores. , TYPE-II large stores) are regulated differently as explained in APPENDIX A. Demand factors are represented by the income per capita in a prefecture, which is common to the large and small stores segments. As cost factors, we consider the wage level, rent payment, and wholesale price index.
Organization, Performance and Equity: Perspectives on the Japanese Economy by Kiyohiko G. Nishimura, Towa Tachibana (auth.), Ryuzo Sato, Rama Ramachandran, Hajime Hori (eds.)