Japanese Network Economy-ERGM analysis of the “Big Six”
Keyword(s):
The paper analyses the network of relationships between large companies that defines the Japaneseeconomy using ERGM (Exponential Random Graph Model) method. The Japanese economy, becauseof the presence of keiretsu groups and other corporate groups, is an excellent example of what canhappen to a country’s economy if large corporations and financial institutions in the market operate ina closely interconnected, highly centralized and dependent network. This is an important issue, becausethis economic practice is happening globally right now. Therefore, the interpretation of the Japanesenetwork and the analysis of its economic performance also reflect the long-term negative and positiveeffects of this trend.
2019 ◽
Vol 29
(1)
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pp. 35-61
2018 ◽
Vol 39
(3)
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pp. 443-464
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2020 ◽
Vol 29
(8)
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pp. 995-1017
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