An empirical analysis of industrial transformation in the Japanese machine tool industry

被引:4
作者
Tsuji, M
Miyahara, S
Ishikawa, M
机构
[1] Osaka Univ, Osaka Sch Int Publ Policy, Osaka 5600043, Japan
[2] Kanagawa Univ, Fac Econ, Yokohama, Kanagawa, Japan
[3] CNK Corp Ltd, Kariya, Aichi, Japan
关键词
empirical analysis; industrial transformation; Japanese machine tool industry;
D O I
10.1016/S0378-4754(99)00037-3
中图分类号
TP39 [计算机的应用];
学科分类号
081203 ; 0835 ;
摘要
We attempt to analyze empirically how and when industrial transformation took place in the Japanese machine tool industry. For estimation, the following variables are selected: (a) automobile production; (b) exports; (c) investment; and (d) GDP. Dummy variables are used to indicate the time when industrial transformation is supposed to take place. We then select meaningful variables according to Akaike's information criterion. After this procedure, we use the method of seemingly unrelated regression. By these methods, we can specify the exact demand functions for machine tools. As to determining the time of industrial transformation, we introduce dummy variables representing it, and choose the best one which minimizes the AIC value. It was determined that transformation took place in the second quarter of 1976. (C) 1999 IMACS/Elsevier Science B.V. All rights reserved.
引用
收藏
页码:561 / 572
页数:12
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