Abstract: This article assembles evidence from the literature and from the author's interviews in Japan to present a varied, though incomplete, picture of pricing practices in various sectors of the Japanese economy. It is shown that there is no uniform rule of pricing because of differences in cost structure, market power, export strategy, and government intervention. Many prices are administered prices or monopolistic prices. Domestic prices tend to be relatively high while export prices tend to be relatively low. In the 1990s, however, competitive market prices have become increasingly important.
Publication Year: 1999
Publication Date: 1999-01-01
Language: en
Type: article
Indexed In: ['crossref']
Access and Citation
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot