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9780226454603

Empirical Studies of Strategic Trade Policy

by ;
  • ISBN13:

    9780226454603

  • ISBN10:

    0226454606

  • Format: Hardcover
  • Copyright: 1994-04-15
  • Publisher: Univ of Chicago Pr

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Summary

Since the 1980s, economists have used the concept of strategic trade policy, which takes account of imperfect competition and increasing returns in the international marketplace, to criticize conventional views about free trade. According to the new view, a government can take strategic steps to raise its income at another country's expense--by subsidizing exports or erecting trade barriers, protecting certain firms from foreign competition, or promoting the development of new industries. This volume looks at the experience of specific industries in order to determine the effectiveness of strategic trade policy in promoting economic growth. The nine papers cover the U.S. and European auto industries, the U.S. steel industry, the commercial aircraft industry, airline deregulation in Scandinavia, and labor and industrial policy in Korea and Taiwan. The authors refine the basic techniques for measuring policy effectiveness, extend them to encompass industry dynamics, and test the implications of new trade models. International economists and trade experts in government and business will find important new insights into the role of strategic trade policy in international competitiveness.

Table of Contents

Introduction
The Non-Optimality of Optimal Trade Policies: The U.S. Automobile Industry Revisited, 1979-1985
Trade Policy Under Imperfect Competition: A Numerical Assessment
Strategic Trade Policy in the European Car Market
Deregulation of Scandinavian Airlines: A Case Study of the Oslo-Stockholm Route
Industrial Policy in the Transport Aircraft Industry
Trade and Industrial Policy for a 'Declining?' Industry: The Case of the U.S. Steel Industry
Strategic Manpower Policy and International Trade
Industrial Organization and Product Quality: Evidence from South Korean and Taiwanese Exports
Import Surveillance as a Strategic Trade Policy
Table of Contents provided by Publisher. All Rights Reserved.

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The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

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