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Strategic Adjustment of Price by Japanese and American Automobile Manufacturers (Hardcover)
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Strategic Adjustment of Price by Japanese and American Automobile Manufacturers (Hardcover)
Series: Routledge Library Editions: The Automobile Industry
Expected to ship within 12 - 17 working days
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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.
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