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Full-Text Articles in Economic Policy
A Game Theoretic Study On Csr And Government Intervention For Sustainable Production, Katherine Ann J. Fernandez, Joshua Ryan C. Go, Jean Nicole L. Ng, Bianca Alanis Ysabel C. Redulla, Jason P. Alinsunurin, Dickson A. Lim, Mariel Monica R. Sauler
A Game Theoretic Study On Csr And Government Intervention For Sustainable Production, Katherine Ann J. Fernandez, Joshua Ryan C. Go, Jean Nicole L. Ng, Bianca Alanis Ysabel C. Redulla, Jason P. Alinsunurin, Dickson A. Lim, Mariel Monica R. Sauler
Angelo King Institute for Economic and Business Studies (AKI)
We use a game theoretic approach to assess how the government can influence firms’ CSR investment and production decisions to enhance social welfare, considering the negative externalities brought by unsustainable production and positive externalities brought by CSR investments. Using a Stackelberg duopoly as a base model and lump-sum tax as the government’s decision variable, we find that when the government chooses not to intervene, it results in greater environmental damage as firms will underinvest in CSR and overproduce in quantity to achieve profit maximization. As such, the model extends to the assumption that the government acts as a benevolent dictator …
Non-Tariff Measures And Their Impacts On Asean Economic Integration, Myrna S. Austria
Non-Tariff Measures And Their Impacts On Asean Economic Integration, Myrna S. Austria
Angelo King Institute for Economic and Business Studies (AKI)
Using a gravity model that accounts for the asymmetric effects of non-tariff measures (NTMs), the study examined the impact of the five most prevalent NTMs in the region on intra-ASEAN imports. The study found that all five NTMs are significant factors affecting intra-ASEAN imports. However, their effects vary at the sectoral level, by pairs of trading partners, and whether the products are covered by mutual recognition and harmonization agreements (MRA) or not. For example, sanitary and phytosanitary (SPS) measures, in general, negatively affect imports and are trade-reducing. Exceptions are prepared foodstuff and medicinal products, both of which are covered by …