This book, originally published in 1993, develops for the US automobile industry a demand-supply model which incorporates both wholesale and retail sectors and which allows strategic pricing behaviour of US and Japanese producers to be internally determined and its effects on market behaviour and national welfare analyzed. It develops the framework for and presents the results of an econometric simulation of the transaction and wholesale prices, quantities demanded and produced, manufacturer's costs and factor demands. The impact of the Voluntary Export Restraint of 1981 on profits and consumer welfare are generated from the simulation results.
By:
Kaye G. Husbands Imprint: Routledge Country of Publication: United Kingdom Dimensions:
Height: 234mm,
Width: 156mm,
Weight: 453g ISBN:9781138063242 ISBN 10: 113806324X Series:Routledge Library Editions: The Automobile Industry Pages: 170 Publication Date:20 August 2019 Audience:
General/trade
,
College/higher education
,
ELT Advanced
,
Primary
Format:Paperback Publisher's Status: Active