Publications << Back

The Impact of Economic Globalisation on Firm Performance and the Labour Market: Evidence from Japan

Labour and Migration, Globalisation

The Impact of Economic Globalisation on Firm Performance and the Labour Market: Evidence from Japan

This paper summarises the major findings and arguments in the literature on the impact of globalisation on firm performance and the labour market, focusing on the case of Japan. Internationalised firms show better performance. Although offshoring has shifted labour demand towards skilled workers, thedirect contribution of globalisation to the widening wage gap is quite limited. The empirical evidence for Japan is more or less consistent with that for other developed countries, but some observations on Japan are worth pointing out. First, several empirical studies confirm a learning-by-exporting effect. Second, there is no strong evidence that increases in imports from China have reduced domestic employment. Increases in imports from China have a positive effect on value added growth in downstream industries, implying that imports from China are likely to be complementary to domestic production in Japan.

ERIA Discussion paper no 300

Date

25 October 2019

Category

Labour and Migration

Author/Editor

Keiko Ito

Share this article:

Related Articles

In the Closet: Japanese Creative Industries and their Reluctance to Forge Global and Transnational Linkages in ASEAN and East Asia

In the Closet: Japanese Creative Industries and their Reluctance to Forge Global and Transnational Linkages in ASEAN and East Asia

27 August 2019

This paper addresses rarely asked questions: is Cool Japan a creative industries policy and, if so, what kind of creative industries policy is it? It …

Cool Japan, Creative Industries, and Diversity

Cool Japan, Creative Industries, and Diversity

14 June 2019

Creative Industry

This paper critically considers the operation and objective of Japan’s ‘creative industry’ policy and suggests how to redesign it to align it with recent attention …

Loading Loading