1.

Record Nr.

UNINA9910813646903321

Titolo

Empirical studies of strategic trade policy / / edited by Paul Krugman and Alasdair Smith

Pubbl/distr/stampa

Chicago, : University of Chicago Press, 1994

ISBN

1-281-22373-5

9786611223731

0-226-45466-5

Edizione

[1st ed.]

Descrizione fisica

1 online resource (260 p.)

Collana

A National Bureau of Economic Research project report

Altri autori (Persone)

KrugmanPaul R

SmithAlasdair

Disciplina

382/.3

Soggetti

Commercial policy

Industrial policy

International trade

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and indexes.

Nota di contenuto

Front matter -- Contents -- Preface -- Introduction -- 1. The Nonoptimality of Optimal Trade Policies: The U.S. Automobile Industry Revisited, 1979-1985 -- 2. Trade Policy under Imperfect Competition: A Numerical Assessment -- 3. Strategic Trade Policy in the European Car Market -- 4. Deregulation of Scandinavian Airlines: A Case Study of the Oslo-Stockholm Route -- 5. Industrial Policy in the Transport Aircraft Industry -- 6. Trade and Industrial Policy for a "Declining" Industry: The Case of the U.S. Steel Industry -- 7. Strategic Manpower Policy and International Trade -- 8. Industrial Organization and Product Quality: Evidence from South Korean and Taiwanese Exports -- 9. Import Surveillance as a Strategic Trade Policy -- Contributors -- Author Index -- Subject Index

Sommario/riassunto

Since the 1980's, 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.