Eiichi Tomiura, Banri Ito, Byeongwoo Kang, 14 March 2020

Cross-border data flows are becoming increasingly important in the modern economy. In response, many countries have introduced regulations to control data transfers. This column discusses the firm-level response to such regulations using a recent survey of Japanese firms. Firms react by changing the location of data storage and processing, as well as by tightening data protection. However, these responses vary significantly depending on where the regulations originate. 

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