Showing papers by "Indira Gandhi Institute of Development Research published in 1991"
TL;DR: In this paper, generalized Nash bargaining solutions are used to model output decisions of rival firms in a Cournot oligopoly, and expressions for price-cost margins and the objective function that the Cournot equilibrium implicitly maximizes, are obtained.
1 citations
TL;DR: The emergence of Japan as one of the leading economic super powers as well as a trading surplus nations in the world has been possible due to an interaction between economic, social and political factors in the decade of the 1980's as mentioned in this paper.
Abstract: The emergence of Japan as one of the leading economic super powers as well as one of the trading surplus nations in the world has been possible due to an interaction between economic, social and political factors in the decade of the 1980's. There are certain vital factors namely inductive planning for the economy, restrictions on possible competition between two most important facets [firms and imports]. low interest rates and minimum controls on the firms and industry which have made Japan as a global force.In recent years, Japanese Planners have initiated a market oriented policy to deal with economic issues based upon trade liberalisation, increasing privatization and reducing fiscal deficits. As a result, Japanese manufacturers constitute one-third of the Japanese total Gross Domestic Product (GDP). This has been possible because of the ability of Japanese to adapt quickly to the fast changing business environment all over the World.In recent times it has been noticed that Japan's imports are dominat...