Product differentiation, voluntary export restraints, and profits

Article Abstract:

The policy of voluntary export restraint (VER) is compared with free trade to determine the policy's effects on the profitability of both importer and exporter firms in quantity and price competitions. Using consistent instead of variable assumptions, a duopoly model of product differentiation indicate that VER increases the profitability of both exporter and importer because it improves cooperation between the trading parties. The conclusion is the same in both quantity and price competition.

Models, Economic aspects, Product differentiation, Export controls, Free trade, Duopolies

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An econometric analysis of the determinants of capacity expansion investment in the West European chemical industry

Article Abstract:

A study has been conducted to examine the factors affecting expansions and announcements of capacity expansions by incumbents in the West European chemical industry. Econometric analysis suggested that incumbents strongly affected expansions and the announcements of expansions by promoting competition and pre-empting the announcements of existing rivals.

Chemicals & Allied Products, Chemical Manufacturing, CHEMICALS AND ALLIED PRODUCTS, Analysis, Management, Chemicals, Chemical industry, Barriers to entry (Industrial organization), Barriers to entry

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The determinants of voluntary investment decisions

Article Abstract:

Research into investments by companies into areas of corporate social responsibility is presented. It is concluded that the level of capital intensity, the intensity of competition and the significance of overseas markets are positively linked with compliance with voluntary environment standards.

Social Responsibility Accounting, Research, Corporate social responsibility, Social accounting

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