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第137回「制度と組織の経済学」研究会 (共催:IPP研究会)

日時: 2021年6月18日(金)13:30 ~ 15:00
開催方法:    オンラインにて開催
申込: [encode]rmikami(a)iss.u-tokyo.ac.jp[/encode](中林研究室 三上様宛)

Presenter:
Hirokazu Ishise(石瀬寛和 大阪大学)

Title: “Quality, Productivity, and Survival: Evidence from the Japan’s Silk-reeling Industry during the Interwar Period (Very preliminary) ” (報告言語:日本語)

[su_quote cite=”Abstract:Hirokazu Ishise “]Does producing high-quality goods sacrifice the productivity of their production?  If there is a trade-off between high quality and high productivity, which one is more important for a plant’s success?  To what extent does the price of goods reflect the quality of the goods?  The quality of goods is theoretically studied, but empirically not due to the measurement difficulty.  I analyze the relationship among quality of goods, price, productivity, exporting status, and the plant’s survival probability in the context of Japan’s silk-reeling industry during the interwar period.  The choice of the industry has attractive features: the production process is simply turning the main input, cocoon, into the single-output, raw silk; both inputs and output markets are highly competitive so that the endogenous markup is not a concern; and most importantly, the quality of raw silk is checked by the national inspection center and reported in the data.  At this stage, I find that (1) the price reflects quality, and (2) plants producing high-quality silk tend to have high productivity. [/su_quote]

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