Short Sighted Solutions: Trade and Energy Policies for the US Auto Industry

Short Sighted Solutions: Trade and Energy Policies for the US Auto Industry

Author: Robert E. Scott

Publisher: Taylor & Francis

Published: 2017-07-06

Total Pages: 196

ISBN-13: 1351667726

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This book, originally published in 1994, explores the effects of federal policies on the US auto industry in the 1970s and 80s which were designed to save jobs and help the domestic industry become more competitive. The author develops a new model based on modern oliopoly theory to estimate the effects of the voluntary Restraint Agreements (which limited Japanese imports) on the US auto market. The results demonstrate that VRAs caused price increases which adversely affected the comptitiveness of US producers. On the eve of a new Trump administration, and the likelihood of new restrictions on imports to boost US manufacturing, this book has particular enduring relevance.


Imperfect Competition And Political Economy

Imperfect Competition And Political Economy

Author: Colin Carter

Publisher: CRC Press

Published: 2019-04-24

Total Pages: 270

ISBN-13: 0429694474

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This book presents International Agricultural Trade Research Consortium commissioned papers. The papers systematically explore the conceptual and empirical dimensions of the new trade theory and try to determine the potential application to agricultural trade and trade policy analysis.


Strategic Adjustment of Price by Japanese and American Automobile Manufacturers

Strategic Adjustment of Price by Japanese and American Automobile Manufacturers

Author: Kaye G. Husbands

Publisher: Routledge

Published: 2017-07-06

Total Pages: 179

ISBN-13: 1351664611

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This book, originally published in 1993, develops for the US automobile industry a demand-supply model which incorporates both wholesale and retail sectors and which allows strategic pricing behaviour of US and Japanese producers to be internally determined and its effects on market behaviour and national welfare analyzed. It develops the framework for and presents the results of an econometric simulation of the transaction and wholesale prices, quantities demanded and produced, manufacturer's costs and factor demands. The impact of the Voluntary Export Restraint of 1981 on profits and consumer welfare are generated from the simulation results.