The Effects of U.S. Trade Protection and Promotion Policies

Economists disagree on whether recent U.S. trade policies are harmful or helpful, but they all agree that there is a new trend toward focusing on results-oriented policies in specific markets and with particular trading partners. These twelve essays by leading international economists explore crucial issues in U.S. trade policy today. Topics examined include the markets for automobile and automobile parts in the United States and Japan, the U.S. response to "unfair" trading practices such as dumping, and the effects of industry- and country-specific policies. Examples include high-technology and agricultural industries and off-shore assembly in U.S. border cities.

The volume concludes that some policies can act to both protect imports and promote exports, that the threat of protectionist policies can often have effects that are as pronounced as their implementation, and that regulatory policy has as great an impact on trade and investment patterns as does trade policy itself. It will be of crucial interest to international trade economists, policy specialists, and political scientists.

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The Effects of U.S. Trade Protection and Promotion Policies

Economists disagree on whether recent U.S. trade policies are harmful or helpful, but they all agree that there is a new trend toward focusing on results-oriented policies in specific markets and with particular trading partners. These twelve essays by leading international economists explore crucial issues in U.S. trade policy today. Topics examined include the markets for automobile and automobile parts in the United States and Japan, the U.S. response to "unfair" trading practices such as dumping, and the effects of industry- and country-specific policies. Examples include high-technology and agricultural industries and off-shore assembly in U.S. border cities.

The volume concludes that some policies can act to both protect imports and promote exports, that the threat of protectionist policies can often have effects that are as pronounced as their implementation, and that regulatory policy has as great an impact on trade and investment patterns as does trade policy itself. It will be of crucial interest to international trade economists, policy specialists, and political scientists.

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The Effects of U.S. Trade Protection and Promotion Policies

The Effects of U.S. Trade Protection and Promotion Policies

by Robert C. Feenstra (Editor)
The Effects of U.S. Trade Protection and Promotion Policies

The Effects of U.S. Trade Protection and Promotion Policies

by Robert C. Feenstra (Editor)

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Overview

Economists disagree on whether recent U.S. trade policies are harmful or helpful, but they all agree that there is a new trend toward focusing on results-oriented policies in specific markets and with particular trading partners. These twelve essays by leading international economists explore crucial issues in U.S. trade policy today. Topics examined include the markets for automobile and automobile parts in the United States and Japan, the U.S. response to "unfair" trading practices such as dumping, and the effects of industry- and country-specific policies. Examples include high-technology and agricultural industries and off-shore assembly in U.S. border cities.

The volume concludes that some policies can act to both protect imports and promote exports, that the threat of protectionist policies can often have effects that are as pronounced as their implementation, and that regulatory policy has as great an impact on trade and investment patterns as does trade policy itself. It will be of crucial interest to international trade economists, policy specialists, and political scientists.


Product Details

ISBN-13: 9780226239538
Publisher: University of Chicago Press
Publication date: 04/15/2008
Series: National Bureau of Economic Research Project Report
Sold by: Barnes & Noble
Format: eBook
Pages: 366
File size: 5 MB

About the Author

Robert C. Feenstra is professor in the Department of Economics at the University of California, Davis, where he also holds the C. Bryan Cameron Distinguished Chair in International Economics. He is director of the International Trade and Investment Program of the NBER.

Table of Contents

Acknowledgments

Introduction

Robert C. Feenstra

1: Carwars: Trying to Make Sense of U.S.-Japan Trade Frictions in the Automobile and Automobile Parts Markets

James Levinsohn

2: Explaining Domestic Content: Evidence from Japanese and U.S. Automobile Production in the United States

Deborah L. Swenson

3: Protectionist Threats and Foreign Direct Investment

Bruce A. Blonigen, Robert C. Feenstra.

4: Foreign Direct Investment and Keiretsu: Rethinking U.S. and Japanese Policy

David E. Weinstein

5: U.S.-Japan Telecommunications Trade Conflicts: The Role of Regulation

Andrew R. Dick

6: Testing Models of the Trade Policy Process: Antidumping and the "New Issues"

Robert E. Cumby, Theodore H. Moran.

7: The Trade Effects of U.S. Antidumping Actions

Thomas J. Prusa

8: Determinants and Effectiveness of "Aggressively Unilateral" U.S. Trade Actions

Kimberly Ann Elliott, J. David Richardson.

9: Whither Flat Panel Displays?

Kala Krishna, Marie Thursby.

10: Causes and Consequences of the Export Enhancement Program for Wheat

Pinelopi Koujianou Goldberg, Michael M. Knetter.

11: The Effects of Offshore Assembly on Industry Location: Evidence from U.S. Border Cities

Gordon H. Hanson

12: Market-Access Effects of Trade Liberalization: Evidence from the Canada-U.S. Free Trade Agreement

Keith Head, John Ries.

Contributors

Name Index

Subject Index

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