Yamamura, Eiji (2010): “Brand” and performance in a new environment: Analysis of the law school market in Japan.
Download (319kB) | Preview
Using Japanese panel data for 2006-2009, this study attempts to examine how the pass rate of law school student taking the new bar examination influences the number of applicants for the law school in the following years. The major finding is that the higher the law school student pass rate, the greater the number of applicants for the law school becomes. Furthermore, the positive effect of the pass rate is larger for a prestigious university’s law school than for other schools. It follows that the “brand” and the school’s current performance are complementary in increasing demand for places in the law school.
|Item Type:||MPRA Paper|
|Original Title:||“Brand” and performance in a new environment: Analysis of the law school market in Japan.|
|Keywords:||brand, law school, Japan, demand|
|Subjects:||K - Law and Economics > K4 - Legal Procedure, the Legal System, and Illegal Behavior > K40 - General
A - General Economics and Teaching > A2 - Economic Education and Teaching of Economics > A23 - Graduate
|Depositing User:||eiji yamamura|
|Date Deposited:||13. Apr 2010 02:45|
|Last Modified:||12. Feb 2013 04:16|
Baltagi, B., 2005. Econometric Analysis of Panel Data. John Wiley and Sons, West Sussex.
JSRC (Justice System Reform Council). 2001. Shiho seido shingi-kai iken sho. (Justice System Reform Council Opinion Paper).http://www.kantei.go.jp/jp/sihouseido/report/ikensyo/index.html, accessed at 29 March 2010.
Kinoshita, T., 2000. The nature and consequences of lawyers’ market regulation in Japan. Contemporary Economic Policy 18, 181-193.
Kinoshita, T., 2002, A cost-benefit analysis of enlarging the Japanese judicial system. Contemporary Economic Policy 20, 179-192.
Kinoshita, T., 2009, Hoso-yosei no mechanism-no mondaiten ni tuite.: Keizaigaku teki kanten kara. ( About the problem of mechanism of law school education: from the viewpoint of economics). Nihon Rodo Kenkyu Zasshi 594, 53-69.
Nakazato, M., Ramseyer, J.M., and Rasmusen, E.B., 2007. The industrial organization of the Japanese bar: Levels and determinants of attorney income. American Law & Economics Association Annual Meetings, paper 47. http://law.bepress.com/cgi/viewcontent.cgi? article=2022&context=alea. accessed at 29 March 2010.
Nikkei Career Magazine (ed.)., 2005-2008. Hoka Daigakuin Tettei Guide. (An Exhaustive guide to law schools), Nikkei Jinzai Joho.
Omura, M., Osanai.S., Smith, M., 2005. Japan’s New Legal Education System: Towards International Legal Education? Journal of Japanese Law 10, 39-54.
Ramseyer, J.M., Nakazato, M., 1999 Japanese Law: An Economic Approach. University of Chicago Press, Chicago.