An econometric Study on the Japanese corporate activities in comparison between Asia and Europe

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The study examines the competitiveness of the Japanese firms since the 1980s. The conventional analytical method in terms of a standard residency-based balance of trade is replaced by the idea of ownership-based net foreign sales introduced by DeAnne Julius (1990, 1991). The Japanese overseas activities have made exporting firms with foreign affiliates abroad become more competitive through selling their products in the local market of the foreign country, The paper investigates the characteristics of Japanese corporate competitiveness by area, North America, Asia and Europe.