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  1. A450 国際経済政策研究センター
  2. A450b 紀要
  3. Economic Research Center Discussion Paper E-Series

Specificity and Economic Performance

http://hdl.handle.net/2237/21069
http://hdl.handle.net/2237/21069
51fa3c48-6317-4dba-8c30-e0a1e2bcfac1
名前 / ファイル ライセンス アクション
E14-10.pdf E14-10.pdf (407.9 kB)
Item type 紀要論文 / Departmental Bulletin Paper(1)
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

WEKO 55245

en Yoneda, Koji

Search repository
Minagawa, Tadashi

× Minagawa, Tadashi

WEKO 55246

en Minagawa, Tadashi

Search repository
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
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
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