|Author Name||FUJITA Masahisa (President, RIETI) /HAMAGUCHI Nobuaki (Faculty Fellow, RIETI)
|Creation Date/NO.||December 2011 11-E-079|
|Research Project||Studies on the Structure of Japanese Economic Space and Japanese Supply Chains Sustaining Growth Under Globalization and Disaster Risks
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As regional integration proceeds in East Asia, intermediate goods production of advanced technology has been locked in Japan despite the dispersion forces of high factor costs. However, the disastrous earthquake in 2011 may have revealed supply chain disruption risk as another dispersion force. We analyze how these dispersion forces affect the specialization in intermediate goods production of Japan and discuss future competitive challenges for the Japanese economy under deindustrialization from the spatial economics viewpoint.
Published: Masahisa Fujita and Nobuaki Hamaguchi, 2012. "Japan and economic integration in East Asia: post-disaster scenario," The Annals of Regional Science, Vol. 48(2), pp. 485-500