An Overview of the Japanese Distribution System

Download or read book An Overview of the Japanese Distribution System written by Sayuri Shirai and published by International Monetary Fund. This book was released on 1994-03 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper surveys the recent literature on the Japanese distribution system to consider two propositions: first, that the system is inefficient, and second that prices of imported products tend to be higher in Japan than in other markets. Most of the literature demonstrates that the system is efficient. However, the efficiency has not necessarily resulted in high social welfare as consumers have had limited access to various product lines or paid high prices for some products. This paper examines the distribution system in the automobile industry to promote understanding about the impacts of the system on price differentials.