IMF Staff Country Reports

Japan: Selected Issues

July 31, 2017

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Japan: Selected Issues, (USA: International Monetary Fund, 2017) accessed November 23, 2024

Summary

This Selected Issues paper analyzes reasons behind low levels of private investment in Japan. Private investment in Japan not only appears low, but also seems to have underperformed relative to other advanced economies. Findings support the hypothesis that sectoral concentration (reduced competition) has had a significant negative impact on firm- and sector-level investment. Results point to potential benefits from decreasing barriers to entry, protection of incumbents, and market concentration in some sectors. Results also indicate that there is room for further reform in the gas and telecom sectors, and deregulation of professional services.

Subject: Commodity markets, Competition, Consumption taxes, Financial markets, Fiscal policy, Fiscal stimulus, Gender, Inflation, Prices, Taxes, Women

Keywords: Commodity markets, Consumption taxes, CR, Fiscal stimulus, Global, House work, Income, Inflation, Inflation expectation, ISCR, Lifetime employment system, OECD product market regulation database, Revenue enhancement, Tax, Women

Publication Details

  • Pages:

    37

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2017/243

  • Stock No:

    1JPNEA2017002

  • ISBN:

    9781484313428

  • ISSN:

    1934-7685