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- Title
戦前日本における兼営織布の生産性と経営上の効果.
- Authors
Hōri Hitomi
- Abstract
In prewar Japan the cotton weaving industry was composed of two groups of firms. Some firms specialized in weaving and others integrated spinning and weaving. The latter had a substantial share in cotton cloth production, especially that for export. Many cotton spinning firms invested in weaving plants to integrate weaving. This paper investigates the purpose of vertical integration by cotton spinning firms, and examines its implications for productivity and profitability. We found that managers of integrated firms regarded their weaving departments as an important source of profit, not a vent for redundant cotton yarns. The high profitability of the weaving business reflected its higher labor productivity, which in turn was mainly due to higher capital-labor ratio.
- Subjects
JAPAN; COTTON spinning; COTTON manufacture; INDUSTRIAL organization (Economic theory); HISTORY of the cotton trade; VERTICAL integration; COTTON weaving; HISTORY
- Publication
Socio-Economic History / Shakai-Keizai Shigaku, 2015, Vol 80, Issue 4, p53
- ISSN
0038-0113
- Publication type
Article