RIETI International Seminar

Mid-Term Workshop on East Asian Firm Productivity

  • Program


While the importance of Asian firms in the global market has been rapidly increasing in recent years, Japanese firms have shown a tendency to decrease their market penetration, particularly in the case of final goods or the consumer goods market. The purpose of this project is to investigate and understand why the market penetration of Japanese firms has been reduced, why Asian firms such as those from Korea and China have been catching up with Japanese firms so rapidly, and how Japanese firms should compete with such firms. For this purpose, we undertake international comparative studies on firm dynamics and productivity levels and growth for East Asian countries, mainly utilizing firm-level or plant-level data for Japanese, Chinese, and Korean firms.

The East Asian Firm-Level Productivity Project was launched in April 2011 and will be finalized in March 2013. We have organized a mid-term international workshop for the two-year research project in order to present our results achieved hitherto and to exchange our knowledge and experience with researchers in China and Korea.


  • Time and Date: 10:00-18:00, Wednesday, February 29, 2012
  • Venue: RIETI's seminar room (1119/1121, 11th Floor, METI Annex)
    1-3-1 Kasumigaseki, Chiyoda-ku, Tokyo
  • Language: English (no interpretation available)
  • Fee: Free
  • Host: Research Institute of Economy, Trade and Industry (RIETI)


10:00 - 10:10 Opening remarks

FUJITA Masahisa (President, RIETI)

ITO Keiko (RIETI, Senshu University)

Morning Session: Exports and Productivity of Chinese Firms

Chair: FUKAO Kyoji (RIETI, Hitotsubashi University)

10:10 - 10:55 "Effect of Privatization on Exports through Changes in Productivity and Financial Factors"

TODO Yasuyuki (RIETI, University of Tokyo)



10:55 - 11:05 Coffee break

11:05 - 11:50 "Trading Partners, Traded Products, and Firm Performances of China's Exporter-Importers: Does processing trade make a difference?"

Zhihong YU (University of Nottingham, UK)


ITO Keiko

11:50 - 12:35 "Factor Intensity, Product Switching, and Productivity: Evidence from Chinese exports"

Yifan ZHANG (Lingnan University, Hong Kong)


INUI Tomohiko

12:35 - 13:30 Lunch

Afternoon Session 1: International Competition and Firms' Growth (1)

Chair: Hyeog Ug KWON (RIETI, Nihon University)

13:30 - 14:15 "The Effect of Exporting on Product Innovation and Sources of Firm Heterogeneity: Evidence from the 1980s and 1990s in Korea"

Chin Hee HAHN (Kyungwon University, Korea)



14:15 - 15:00 "The Impact of Trade with Low-wage Countries on Manufacturing Plants in Japan"

Chad STEINBERG (International Monetary Fund)


Zhihong YU

15:00 - 15:20 Coffee break

Afternoon Session 2: International Competition and Firms' Growth (2)

Chair: ITO Keiko (RIETI, Senshu University)

15:20 - 16:05 "Exports, Mark-ups, and Productivity: Micro-evidence from Korean manufacturing"

Siwook LEE (Myongji University, Korea)


TODO Yasuyuki

16:05 - 16:50 "Exporter Dynamics and Information Spillovers through the Main Bank"

MIYAKAWA Daisuke (Development Bank of Japan)


Siwook LEE

16:50 - 17:05 Coffee break

17:05 - 17:50 "Market Competition, R&D Investment, and Productivity Growth: A comparative study of Japanese and Korean firms"

ITO Keiko (RIETI, Senshu University)


Chin Hee HAHN

17:50 - 18:00 Concluding remarks

INUI Tomohiko (Cabinet Office)

18:30 - Reception