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Keiretsu and Relationship-Specific Investment: A Barrier to Trade?

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NBER2000-02-01 更新2025-01-04 收录
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This paper develops a model of informal procurement within Japanese keiretsu so as to consider effects on intermediate-good imports, such as auto parts. Parts-suppliers make relationship-specific investments that benefit the auto-maker and prices are determined by bargaining after investment has

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2000-02-01
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