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Trade Policy Issues and Empirical Analysis

Author : Robert E. Baldwin
Publisher : University of Chicago Press
Page : 392 pages
File Size : 23,94 MB
Release : 2008-04-15
Category : Business & Economics
ISBN : 0226036510

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Interest in U.S. trade policy has been stimulated in recent years by the massive American trade deficit, by the belief that intervention by foreign governments in international markets has given other countries a competitive edge over the United States, and by concern about the increase in protectionism among industrial countries. In turn, major analytical developments in international economics have revolutionized trade theory, broadening its scope both by introducing in a more formal manner such concepts as imperfect competition, increasing returns, product differentiation, and learning effects and by including the study of political and economic factors that shape trade policy decisions. This collection of papers—the result of a conference held by the NBER—applies these "new" trade theories to existing world cases and also presents complementary empirical studies that are grounded in more traditional trade theories. The volume is divided into four parts. The papers in part 1 consider the problem of imperfect competition, empirically assessing the economic effect of various trade policies introduced in industries in which the "new" trade theory seems to apply. Those in part 2 isolate the effects of protection from the influences of the many economic changes that accompany actual periods of protection and also examine how the effects from exogenous changes in economic conditions vary with the form of protection. Part 3 provides new empirical evidence on the effect of foreign production by a country's firms on the home country's exports. Finally, in part 4, two key bilateral issues are analyzed: recent U.S.-Japanese trade tensions and the incident involving the threat of the imposition of countervailing duties by the United States on Canadian softwood lumber.

Market Structure

Author : Fouad Sabry
Publisher : One Billion Knowledgeable
Page : 336 pages
File Size : 44,40 MB
Release : 2024-01-24
Category : Business & Economics
ISBN :

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What is Market Structure According to the field of economics, market structure is a representation of how businesses are distinguished and classified according to the kinds of products they offer (homogeneous or heterogeneous) and how their operations are influenced by elements and influences from the outside world. When compared to other markets, market structure makes it much simpler to comprehend the peculiarities of various markets. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Market structure Chapter 2: Microeconomics Chapter 3: Monopoly Chapter 4: Monopolistic competition Chapter 5: Oligopoly Chapter 6: Perfect competition Chapter 7: Imperfect competition Chapter 8: Industrial organization Chapter 9: Barriers to entry Chapter 10: Monopoly profit Chapter 11: Contestable market Chapter 12: Market power Chapter 13: Market concentration Chapter 14: Market (economics) Chapter 15: Competition (economics) Chapter 16: Edward Chamberlin Chapter 17: Bilateral monopoly Chapter 18: Market distortion Chapter 19: Chamberlinian monopolistic competition Chapter 20: Profit (economics) Chapter 21: Monopsony (II) Answering the public top questions about market structure. (III) Real world examples for the usage of market structure in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Market Structure.

Changing Patterns of Global Trade

Author : Nagwa Riad
Publisher : International Monetary Fund
Page : 87 pages
File Size : 14,63 MB
Release : 2012-01-15
Category : Business & Economics
ISBN : 1463973101

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Changing Patterns of Global Trade outlines the factors underlying important shifts in global trade that have occurred in recent decades. The emergence of global supply chains and their increasing role in trade patterns allowed emerging market economies to boost their inputs in high-technology exports and is associated with increased trade interconnectedness.The analysis points to one important trend taking place over the last decade: the emergence of China as a major systemically important trading hub, reflecting not only the size of trade but also the increase in number of its significant trading partners.

Empirical Studies of Strategic Trade Policy

Author : Paul Krugman
Publisher : University of Chicago Press
Page : 260 pages
File Size : 38,11 MB
Release : 2007-12-01
Category : Business & Economics
ISBN : 0226454665

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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.

Trade Policy and Market Structure

Author : Elhanan Helpman
Publisher : MIT Press
Page : 212 pages
File Size : 29,98 MB
Release : 1989-03-30
Category : Business & Economics
ISBN : 9780262580984

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This sequel to Market Structure and Foreign Trade examines the new international trade's applied side. It provides a compact guide to models of the effects of trade policy in imperfectly competitive markets, as well as an up-to-date survey of existing knowledge, which is extended by the authors' useful interpretations of the results.