Export promotion and FDI attraction in Japan: the impact of US state based industrial policy

International Journal of Management Practice

Volumn 1, Issue 3, 2005, Pages 251-262

  Martin, Drew ^a   Wilkinson, Timothy J ^b   d’Amico, Michael ^b  

^a UNIVERSITY OF HAWAII AT HILO   (United States)

^b UNIVERSITY OF AKRON   (United States)

Author keywords

Japan; subnational industrial policy; US state governments

Indexed keywords

EID: 47649096638     PISSN: 14779064     EISSN: 17418143     Source Type: Journal    
DOI: 10.1504/IJMP.2005.008037     Document Type: Article

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30. The origins of economic development policy can be traced back to the early days of the nation. One early example was the New Jersey legislature’s incorporation of Alexander Hamilton’s private company, the Society of Establishing Useful Manufacturers (Norwood, 1974).
31. Alaska and New York were the first to open Tokyo offices in 1965 (NASDA, 1992).
32. As early as the 1960s, there is evidence that some states were pursuing an export orientation. For example, Alaska was developing a plan for marketing fish, minerals, and timber to foreign countries (Haring, 1965).
33. Since one assumption of canonical analysis is that at least one set of variables is normally distributed, it was necessary to perform log transformations on most of the variables. Log transformations were performed on the transaction variables (AVEXP and AFDI) and three activity variables (BBUS, CITY, and BUDGET).
34. Hymer (1972) discusses the evolution of business from large domestic champions to multinational corporations that dominate the international trade.