This paper incorporates learning and reputation building into a simple dynamic stochastic model of international trade with asymmetric information. We use the model to study a bilateral trade flow influenced significantly by learning and reputation, namely U.S. imports of Japanese cars over the...

In this paper, we have compare the price and income elasticities of demand between cars of Toyota against Nissan and Ford. The main findings are that:1) Nissan and Ford are treated as more luxurious than their Toyota counter parts for small cars. For very large cars, on the other hand, price...

Lone: The 1920s saw the emergence in Kansai of modern industrial urban living with the development of the underground, air services; wireless telephones, super express trains etc. Automobiles dominated major streets from the early 1920s in the new Age of Speed. Using Kyoto city as an example,...