{"title":"The effect of regional import shocks on job flows in Japanese manufacturing establishments","authors":"Masahiro Endoh","doi":"10.1016/j.jjie.2024.101337","DOIUrl":null,"url":null,"abstract":"<div><div>Using a dataset of all Japanese manufacturing establishments in 2006 and 2016 and industry- and region-level import shocks, this study examined the impact of the China Shock on the job flows of establishments. Regression analyses found that the industry-level import shock increased the probability of exiting in only a few groups. Interestingly, small establishments in single-unit firms located in non-agglomerated regions adopted a hibernation strategy to cope with the region-level import shock. Furthermore, surviving establishments in this category accelerated both job creation and destruction in response to these two import shocks, thereby amplifying the overall magnitude of job flows. These results became observable owing to the use of establishment-level observations and a detailed classification of job flows.</div></div>","PeriodicalId":47082,"journal":{"name":"Journal of the Japanese and International Economies","volume":"74 ","pages":"Article 101337"},"PeriodicalIF":2.6000,"publicationDate":"2024-10-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of the Japanese and International Economies","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0889158324000339","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
Using a dataset of all Japanese manufacturing establishments in 2006 and 2016 and industry- and region-level import shocks, this study examined the impact of the China Shock on the job flows of establishments. Regression analyses found that the industry-level import shock increased the probability of exiting in only a few groups. Interestingly, small establishments in single-unit firms located in non-agglomerated regions adopted a hibernation strategy to cope with the region-level import shock. Furthermore, surviving establishments in this category accelerated both job creation and destruction in response to these two import shocks, thereby amplifying the overall magnitude of job flows. These results became observable owing to the use of establishment-level observations and a detailed classification of job flows.
期刊介绍:
The Journal of the Japanese and International Economies publishes original reports of research devoted to academic analyses of the Japanese economy and its interdependence on other national economies. The Journal also features articles that present related theoretical, empirical, and comparative analyses with their policy implications. Book reviews are also published.