Article ID: | iaor19982770 |
Country: | United States |
Volume: | 43 |
Issue: | 5 |
Start Page Number: | 610 |
End Page Number: | 622 |
Publication Date: | May 1997 |
Journal: | Management Science |
Authors: | Ito Kiyohiko |
Keywords: | marketing, financial, performance, growth |
This paper analyzes Japanese manufacturing firms' export behavior and their performance. In a slow growth era, leading firms' and minor firms' export ratio tended to be less than that of follower (medium market share) firms in the same industry; there appears to be an inverted-U shape between export ratio and relative size of firms. An affiliation with a large industrial group has no positive relationship with export ratio, while other firm-specific factors do not show consistent relationships with it in the years 1971 to 1985. Exports and firm performance do not have a positive relationship. Competitive environment in the domestic market is related to the export strategy of Japanese firms.