Restrained Trade : Cartels in Japan's Basic Materials Industries
Language: English
Published by Cornell University Press Jan 1996, 1996
- Hardcover
- New
Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH
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Add to basketItem description from seller
Neuware - While Americans enjoy competitive prices for products imported from Japan, Japanese consumers often pay high prices for the same goods. How do Japanese industries manage to export heavily, keep prices high at home, and limit cheap imports into their own markets Trade associations play a key role in Japan's political economy, Mark Tilton argues. They provide informal market governance that maintains high domestic prices and in some cases directly blocks foreign-made commodities. Tilton profiles the cement, aluminum, steel, and petrochemical industries. He contends that informal producer cartels enjoy considerable legitimacy among and cooperation from downstream users, such as the automotive and electronics industries. Manufacturers accept the high costs and informal import restrictions as a necessary part of the price for maintaining strong domestic suppliers. Restrained Trade provides an original, thorough, and careful basic anatomy of important Japanese market practices: post-sales pricing and price adjustment, industrywide price formulas, refusals to deal, market versus big-buyer prices, and preferences for products from Japanese-owned plants overseas. …
Seller Inventory # 9780801430992
- Title
- Restrained Trade : Cartels in Japan's Basic Materials Industries
- Author
- Mark Tilton
- Publisher
- Cornell University Press Jan 1996
- Publication year
- 1996
- Condition
- Neu
- Binding
- Buch
- Language
- English
- ISBN 10
- 0801430992
- ISBN 13
- 9780801430992
- Item weight
- 560 grams
- Dimensions
- 229x152x24 mm
Trade associations play a key role in Japan's political economy, Mark Tilton argues. They provide informal market governance that maintains high domestic prices and in some cases directly blocks foreign-made commodities.
Tilton profiles the cement, aluminum, steel, and petrochemical industries. He contends that informal producer cartels enjoy considerable legitimacy among and cooperation from downstream users, such as the automotive and electronics industries. Manufacturers accept the high costs and informal import restrictions as a necessary part of the price for maintaining strong domestic suppliers.
Restrained Trade provides an original, thorough, and careful basic anatomy of important Japanese market practices: post-sales pricing and price adjustment, industrywide price formulas, refusals to deal, market versus big-buyer prices, and preferences for products from Japanese-owned plants overseas.
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