Government Policy towards Industry in the United States and Japan

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The essays contained in this volume represent state-of-the-art thinking on many important issues relating to government policies in the Japanese and American economies.
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Editorial Reviews

From the Publisher
"a useful addition to a growing literature on U.S. and Japanese 'industrial' policies." Journal of Economic Literature
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Product Details

  • ISBN-13: 9780521026437
  • Publisher: Cambridge University Press
  • Publication date: 3/31/2006
  • Edition description: First Edition
  • Pages: 368
  • Product dimensions: 5.98 (w) x 8.98 (h) x 0.83 (d)

Table of Contents

List of contributors; Acknowledgments; 1. Editor's summary John B. Shoven; 2. The corporate cost of capital in Japan and the United States: a comparison Albert Ando and Alan Auerbach; 3. The taxation of income from capital in Japan John B. Shoven and Toshiaki Tachibanaki; 4. Corporate tax burden and tax incentives in Japan Hiromitsu Ishi; 5. A closer look at saving rates in the United States and Japan Michael J. Boskin and John M. Roberts; 6. The Japanese current-account surplus and fiscal policy in Japan and the United States Kazuo Ueda; 7. Curing trade imbalance by international tax coordination Iwao Nakatani; 8. Picking losers: public policy toward declining industries in Japan Merton J. Peck, Richard C. Levin and Akira Goto; 9. Corporate capital structure in the United States and Japan: financial intermediation and implications of financial deregulation James E. Hodder; 10. The Japanese bureaucracy in economic administration: a rational regulator or pluralist agent? Masahiko Aoki; 11. Japan's energy policy during the 1970s Chikashi Moriguchi; 12. Industry structure and government policies in the US and Japanese integrated-circuit industries W. Edward Steinmueller.

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