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The Economics of Interfirm Networks

  • Tsutomu Watanabe
  • Iichiro Uesugi
  • Arito Ono

Part of the Advances in Japanese Business and Economics book series (AJBE, volume 4)

Table of contents

  1. Front Matter
    Pages i-x
  2. Tsutomu Watanabe, Iichiro Uesugi, Arito Ono
    Pages 1-12
  3. Structure and Evolution of Interfirm Networks

    1. Front Matter
      Pages 13-13
    2. Takayuki Mizuno, Wataru Souma, Tsutomu Watanabe
      Pages 15-37
    3. Takashi Iino, Hiroshi Iyetomi
      Pages 39-65
  4. Networks, Economic Geography, and Firm Activities

  5. Bank-Firm Relationships and Firm Dynamics

  6. Back Matter
    Pages 261-263

About this book

Introduction

This book is one of the first comprehensive works to fill the knowledge gap resulting from the limited number of empirical studies on interfirm networks. The in-depth empirical research presented here is based on a massive transaction relationship database of approximately 400,000 Japanese firms. This volume, unlike others, focuses on the role of interfirm networks in three different fields: (1) macroeconomic activities, (2) economic geography and firm dynamics, and (3) firm–bank relationships. The database for this work is constructed in collaboration with Japan's largest credit research company, Teikoku Data Bank, and covers a substantial portion of Japanese firms with information on firms' transaction partners, shareholders, financial institutions, and other attributes, including their locations and performance.

Networks prevail in many aspects of economic activities and play a major role in explaining a wide variety of economic phenomena from business cycles to knowledge spillovers, which has motivated economists to produce a number of excellent works. In the policy arena, there has been a growing concern on the vulnerabilities of networks based on the casual observation that idiosyncratic shocks on firms can be amplified through inter-firm connections and leads to a systemic crisis. Typical examples are the manufacturing supply-chain networks in the automobile and electronics industries which propagated regionally concentrated shocks (the Great East Japan Earthquake and floods in Thailand in 2011) into global ones. An abundance of theoretical literature on the formation and functions of networks is available already.

This book breaks new ground, however, and provides an excellent opportunity for the reader to gain a more integrated understanding of the role of networks in the economy. The Economics of Interfirm Networks will be of special interest to economists and practitioners seeking empirical and quantitative knowledge on interfirm and firm–bank networks.

Keywords

Economic geography Firm dynamics Firm–bank relationships Macroeconomic activities Network

Editors and affiliations

  • Tsutomu Watanabe
    • 1
  • Iichiro Uesugi
    • 2
  • Arito Ono
    • 3
  1. 1.Graduate School of EconomicsThe University of Tokyo7-3-1 Hongo, Bunkyo-kuJapan
  2. 2.Institute of Economic ResearchHitotsubashi University2-1 Naka, KunitachiJapan
  3. 3.Faculty of CommerceChuo University742-1 Higashinakano, Hachioji-shiJapan

Bibliographic information

  • DOI https://doi.org/10.1007/978-4-431-55390-8
  • Copyright Information Springer Japan 2015
  • Publisher Name Springer, Tokyo
  • eBook Packages Business and Economics
  • Print ISBN 978-4-431-55389-2
  • Online ISBN 978-4-431-55390-8
  • Series Print ISSN 2197-8859
  • Series Online ISSN 2197-8867
  • Buy this book on publisher's site