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Brand and Performance in a New Environment: Analysis of the Law School Market in Japan

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  • Eiji Yamamura

Abstract

Using Japanese panel data for 2006–2009, this study attempts to examine how the pass rate of law school students taking the new bar examination influences the number of applicants for 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. Copyright International Atlantic Economic Society 2011

Suggested Citation

  • Eiji Yamamura, 2011. "Brand and Performance in a New Environment: Analysis of the Law School Market in Japan," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 39(2), pages 155-164, June.
    • Handle: RePEc:kap:atlecj:v:39:y:2011:i:2:p:155-164
    DOI: 10.1007/s11293-011-9270-6
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    References listed on IDEAS

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    1. Yamamura, Eiji, 2010. "The effect of learning varies according to locality: Micro data analysis of the lawyer market in Japan," Japan and the World Economy, Elsevier, vol. 22(3), pages 193-197, August.
    2. Badi H. Baltagi, 2021. "Econometric Analysis of Panel Data," Springer Texts in Business and Economics, Springer, edition 6, number 978-3-030-53953-5, June.
    3. Tom Ginsburg & Glenn Hoetker, 2006. "The Unreluctant Litigant? An Empirical Analysis of Japan’s Turn to Litigation," The Journal of Legal Studies, University of Chicago Press, vol. 35(1), pages 31-59, January.
    4. Minoru Nakazato & J. Mark Ramseyer & Eric B. Rasmusen, 2010. "The Industrial Organization of the Japanese Bar: Levels and Determinants of Attorney Income," Journal of Empirical Legal Studies, John Wiley & Sons, vol. 7(3), pages 460-489, September.
    5. Yamamura, Eiji, 2009. "Frequency of contact with foreigners in a homogenous society: perceived consequences of foreigner increases in Japan," MPRA Paper 14646, University Library of Munich, Germany.
    6. Yamamura Eiji, 2008. "The Market for Lawyers and Social Capital: Are Informal Rules a Substitute for Formal Ones?," Review of Law & Economics, De Gruyter, vol. 4(1), pages 499-517, December.
    7. Tomio Kinoshita, 2002. "A Cost‐Benefit Analysis Of Enlarging The Japanese Judicial System," Contemporary Economic Policy, Western Economic Association International, vol. 20(2), pages 179-192, April.
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    Cited by:

    1. Eiji Yamamura, 2015. "Is university sports an advertisement in the higher education market? An analysis of the Hakone long-distance relay road race in Japan," ISER Discussion Paper 0922, Institute of Social and Economic Research, Osaka University.

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    More about this item

    Keywords

    Brand; Bar examination; Demand; Law school; D83; K40; L89;
    All these keywords.

    JEL classification:

    • K40 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - General
    • L89 - Industrial Organization - - Industry Studies: Services - - - Other
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness

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