VI

The Editors

Japanese Economy, 1974, vol. 3, issue 1, 55-68

Abstract: An industry's aggressive attitude on technical progress is considered as desirable market performance because it leads to price reductions through productivity advances and, at the same time, to quality improvements of products to meet changes in consumers' preferences and to serve public interests. In the case of the automobile industry, the following three aspects must be examined: 1) How much effort has it exerted to raise productive efficiency and lower product prices? 2) How intent has it been on improving safety devices and preparing antipollution systems? 3) How much has it succeeded in improving the running performance of automobiles?

Date: 1974
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DOI: 10.2753/JES1097-203X030155

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