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- W2177601596 abstract "<p class=MsoNormal style=text-justify: inter-ideograph; text-align: justify; margin: 0in 0.5in 0pt;><span style=font-size: 10pt;><span style=font-family: Times New Roman;>This paper examined the ‘hollowing out’ (de-industrialization) phenomenon in Japan. We collected time series data for twenty years to investigate the home country impact of outward FDI and a weakening manufacturing sector. We used descriptive statistics and econometric techniques to show that de-industrialization is indeed taking place. We also showed that domestic factors such as low inflation, high wage rates and an increasing number of firms were associated with a more dynamic manufacturing sector. However, the persistent unemployment and long recession point to the need for policies that will invigorate domestic industrial activity if Japan is to return to a strong growth path.</span></span></p>" @default.
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- W2177601596 date "2011-02-11" @default.
- W2177601596 modified "2023-10-14" @default.
- W2177601596 title "The Hollowing Out Phenomenon In Japan" @default.
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- W2177601596 doi "https://doi.org/10.19030/jber.v1i6.3017" @default.
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