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Specificity and Economic Performance
http://hdl.handle.net/2237/21069
http://hdl.handle.net/2237/2106951fa3c48-6317-4dba-8c30-e0a1e2bcfac1
名前 / ファイル | ライセンス | アクション |
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E14-10.pdf (407.9 kB)
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Item type | 紀要論文 / Departmental Bulletin Paper(1) | |||||
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公開日 | 2015-01-05 | |||||
タイトル | ||||||
タイトル | Specificity and Economic Performance | |||||
言語 | en | |||||
著者 |
Yoneda, Koji
× Yoneda, Koji× Minagawa, Tadashi |
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アクセス権 | ||||||
アクセス権 | open access | |||||
アクセス権URI | http://purl.org/coar/access_right/c_abf2 | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | relationship specificity | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | vertical relationships | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | global recession | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | Japanese manufacturing | |||||
抄録 | ||||||
内容記述 | Long-term business relationships with specific investments prevail extensively in transactions of intermediate goods, while economic theories have traditionally presumed market transactions. But relation-specific production is also known to have a weakness to economic shocks. This paper provides models of specific relations between a manufacturer and its suppliers, examining how the degree of specificity affects the impact of demand shocks on the ways of production, on the value of output, and the like. The main findings we obtained are as follows. (i) Once the market conditions fall below some critical level, specific relations break down rapidly. (ii) Facing a large drop in demand, the percentage decrease in the value of output is greater in an industry with higher specificity than lower specificity. (iii) Specific relations make output more responsive to negative demand shocks. | |||||
言語 | en | |||||
内容記述タイプ | Abstract | |||||
出版者 | ||||||
言語 | ja | |||||
出版者 | 名古屋大学大学院経済学研究科附属国際経済政策研究センター | |||||
言語 | ||||||
言語 | eng | |||||
資源タイプ | ||||||
資源 | http://purl.org/coar/resource_type/c_6501 | |||||
タイプ | departmental bulletin paper | |||||
出版タイプ | ||||||
出版タイプ | VoR | |||||
出版タイプResource | http://purl.org/coar/version/c_970fb48d4fbd8a85 | |||||
書誌情報 |
en : Economic Research Center Discussion Paper 号 E14-10, 発行日 2014-12 |
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著者版フラグ | ||||||
値 | publisher | |||||
シリーズ | ||||||
関連名称 | E-Series;E14-10 | |||||
URI | ||||||
識別子 | http://hdl.handle.net/2237/21069 | |||||
識別子タイプ | HDL |