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MARKET FAILURE MENTALITY IN JAPANESE INDUSTRIAL POLICY:
CASE STUDIES OF ROBOTICS AND AIRCRAFT INDUSTRIES
by
Yujen Kuo
__________________________________________________________
A Dissertation Presented to the
FACULTY OF THE USC GRADUATE SCHOOL
UNIVERSITY OF SOUTHERN CALIFORNIA
In Partial Fulfillment of the
Requirements for the Degree
DOCTOR OF PHILOSOPHY
(POLITICAL SCIENCE)
December 2009
Copyright 2009 Yujen Kuo
Object Description
| Title | Market failure mentality in Japanese industrial policy: case studies of robotics and aircraft industries |
| Author | Kuo, Yujen |
| Author email | yujenkuo@usc.edu; yujenkuo@earthlink.net |
| Degree | Doctor of Philosophy |
| Document type | Dissertation |
| Degree program | Political Science |
| School | College of Letters, Arts and Sciences |
| Date defended/completed | 2009-09-25 |
| Date submitted | 2009 |
| Restricted until | Unrestricted |
| Date published | 2009-11-11 |
| Advisor (committee chair) | Shipper, Apichai W. |
| Advisor (committee member) |
Sellers, Jefferey M. Katada, Saori N. |
| Abstract | Industrial policy has long been considered as one major contributor to Japan’s postwar economic miracle. It characterizes Japan different to other industrialized nations in terms of organizing its economy. However, the confusing definition of industrial policy has made discussion difficult. I argue that industrial policy is a product of Japanese elites’ market failure mentality. It simulates artificial market forces to promote strategic industries in countering the structure constraints for Japan as a late industrializer and lacks of natural resources. Moreover, the postwar self-imposed weak military structure has affected Japan’s industrial development and produced several problems. On the other hand, the elites’ market failure mentality has also shaped the substance of Japan’s reforms in the 1990s. Thus, the reforms have created many institutional innovations to enhance existing institutions. As such, the post-bubble industrial policy has utilized these institutional innovations to create more artificial market incentives in countering market imperfections in Japan’s robotics and aircraft industries. In sum, for the existence of market failure mentality and weak military market structure, Japan has adopted different institutions and strategy on its way to prosperity. |
| Keyword | industrial policy; market failure mentality; postwar self-imposed weak military market structure; robotics; aircraft; artificial market forces |
| Geographic subject (country) | Japan |
| Coverage date | 1950/2009 |
| Language | English |
| Part of collection | University of Southern California dissertations and theses |
| Publisher (of the original version) | University of Southern California |
| Place of publication (of the original version) | Los Angeles, California |
| Publisher (of the digital version) | University of Southern California. Libraries |
| Provenance | Electronically uploaded by the author |
| Type | texts |
| Legacy record ID | usctheses-m2729 |
| Contributing entity | University of Southern California |
| Rights | Kuo, Yujen |
| Repository name | Libraries, University of Southern California |
| Repository address | Los Angeles, California |
| Repository email | cisadmin@lib.usc.edu |
| Filename | etd-Kuo-3354 |
| Archival file | uscthesesreloadpub_Volume23/etd-Kuo-3354.pdf |
Description
| Title | Page 1 |
| Contributing entity | University of Southern California |
| Repository email | cisadmin@lib.usc.edu |
| Full text | MARKET FAILURE MENTALITY IN JAPANESE INDUSTRIAL POLICY: CASE STUDIES OF ROBOTICS AND AIRCRAFT INDUSTRIES by Yujen Kuo __________________________________________________________ A Dissertation Presented to the FACULTY OF THE USC GRADUATE SCHOOL UNIVERSITY OF SOUTHERN CALIFORNIA In Partial Fulfillment of the Requirements for the Degree DOCTOR OF PHILOSOPHY (POLITICAL SCIENCE) December 2009 Copyright 2009 Yujen Kuo |
