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Research ArticleOpen accessProduct Quality and Effective Demand under StagnationWataru JohdoProblem statement: Recent neoclassical theoretical study, particularly in the endogenous growth literature, has studied the nature of the relationship between economic growth and product quality. However, little attention has been given to the impact of a rise in product quality on effective demand under stagnation. This is because previous models have assumed that demand is always met with supply in … …American Journal of Applied Sciences, Vol. 6, Issue 7 · 31 Jul 2009 · 6,888 accessesView PDFCite
Research ArticleOpen accessNew Entry, International Location Patterns and WelfareWataru JohdoProblem statement: Recently, firms have very actively invested across national borders and the international concentration of industrial activities in emerging countries and developed countries has been rapid. In the new international trade literature, static trade models with firms’ location have been widely used, but do not allow for endogenous spatial distribution of firms in the literature. In addition, few studies … …American Journal of Economics and Business Administration, Vol. 1, Issue 2 · 30 Jun 2009 · 7,225 accessesView PDFCite