Empirical studies of commercial policy / edited by Robert E. Baldwin.

Format:

Book

Contributor:

Baldwin, Robert E.

National Bureau of Economic Research.

Series:

Conference report (National Bureau of Economic Research)

A National Bureau of Economic Research conference report

Language:

English

Subjects (All):

Commercial policy--Econometric models--Congresses.

Commercial policy.

Competition, International--Econometric models--Congresses.

Competition, International.

United States--Commercial policy--Econometric models--Congresses.

United States.

Physical Description:

1 online resource (ix, 322 pages)

Edition:

1st ed.

Place of Publication:

Chicago : University of Chicago Press, 1991.

Language Note:

English

Summary:

The need for careful research on trade policy is particularly acute, and this volume empirically addresses these and many other important issues. The contributors offer studies which integrate the institutional details of current trade policy with creative economic analyses. Marked by a shift from a traditional reliance on simulation models, these papers take their inspiration from recent changes in the assumptions traditionally underlying research in international trade theory. No longer are government policies viewed as being somehow "given" to the researcher; in part 1, "Analyses with a Political Economy Perspective," four papers treat such policies as endogenous and explicable in terms of political economy. Neither are product and factor markets seen as perfectly competitive; instead, the three papers in part 2, "Trade Policy Effects under Imperfectly Competitive Market Conditions," assume that firms consider the actions of other companies when formulating their decisions. In part 3, "A New Measure of Trade Restrictiveness and Estimates of Trade Policy Effects with CGE Models," the first essay explores the quantitative restrictions on cheese to develop and implement a new model of restrictive trade. Two final contributions address problems for which simulation modeling is especially useful. The first considers the effectiveness of an import surcharge in reducing the U.S. trade deficit and the second treats the welfare effects of liberalization in South Korea where increasing returns to scale are significant These innovative studies focus on economic behavior that will provide valuable insights for policymakers, academic economists, and students.

Contents:

Front matter

National Bureau of Economic Research

Contents

Acknowledgments

Introduction

1. Rules versus Discretion in Trade Policy: An Empirical Analysis

2. The Selection of Antidumping Cases for ITC Determination

3. The Determinants of Corporate Political Involvement in Trade Protection: The Case of the S tee1 Industry

4. The U.S. VER on Machine Tools: Causes and Effects

5. Characteristics of Japanese Industrial Groups and Their Potential Impact on U. S. - Japanese Trade

6. Size Rationalization and Trade Exposure in Developing Countries

7. Estimating the Effect of Quantitative Restrictions in Imperfectly Competitive Markets: The Footwear Case

8. The Coefficient of Trade Utilization: The Cheese Case

9. The Impact of Permanent and Temporary Import Surcharges on the U.S. Trade Deficit

10. Industrial Organization and Trade Liberalization: Evidence from Korea

Contributors

Author Index

Subject Index

Notes:

"The result of a conference held by the National Bureau of Economic Research in Cambridge, Massachusetts, on 16-17 March 1990"--P. ix.

Includes bibliographical references and indexes.

ISBN:

9786611223083

9781281223081

1281223085

9780226035703

0226035700

OCLC:

476228249