| Speaker |
Atsuyuki KATO |
| Affiliation |
Graduate School of Asia-Pacific Studies, Waseda University /
Research Associate, Research Institute of Economy, Trade and Industry (RIETI) |
| Topic |
Does Export Yield Productivity and Markup Premiums? Evidence from the Japanese Manufacturing Industry |
| Abstract |
This paper examines the relationship between productivity, markup and development of foreign markets using a rich firm-level dataset of the Japanese manufacturing industry during the period 2000-2010. Using estimates of firm-specific productivity and markup, we investigate if development of foreign markets through export has premium for their market performance. Our study confirmed that export has significant productivity and markup premiums.. In addition, export premium varies across the destination markets. Export to Asia shows significant productivity premium while other markets not. For markup, exports to Asia and North America have significant premium. These findings imply that both productivity and markup should be considered in assessing development of foreign market. |