ナカムラ ツヨシ   NAKAMURA Tsuyoshi
  中村 豪
   所属   東京経済大学  経済学部
   職種   教授
言語種別 英語
発行・発表の年月 2022/08
形態種別 論文(その他)
標題 Japanese Firms' Markups and Firm-to-firm Transactions
執筆形態 共著
掲載誌名 RIETI Discussion Paper
掲載区分国内
出版社・発行元 Research Institute of Economy, Trade, and Industry
巻・号・頁 (22-E-083)
総ページ数 41
著者・共著者 NAKAMURA, Tsuyoshi and OHASHI, Hiroshi
概要 This paper empirically studies the relationship between the markups of firms and their firm-to-firm transactional status. More specifically, we analyze the correlation between markups and the number and variety of the firm’s transactional partners. Based on a comprehensive panel dataset of Japanese firms derived from the Basic Survey of Japanese Business Structure and Activities, provided by METI, and the Firm Relation File of TSR (Tokyo Shoko Research) for 2007-2018, we find that a firm's markup level decreases as the number of suppliers increases, after controlling for firm attributes such as size and age, and industry-specific time effects. This empirical pattern is observed for both manufacturing and non-manufacturing sectors. As for the firm’s number of customers, the empirical results differ between manufacturing and non-manufacturing sectors.