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Feenstra, Robert C. - 1990

In this paper we consider recent proposals to auction U.S. import quotas. using the funds so obtained to encourage … critical factor in understanding these policies. In a world or full information, it makes little sense to use auction quotas …

Persistent link: https://www.econbiz.de/10012475779

Auctioning U.S. Import Quotas, Foreign Response, and Alternative Policies

Feenstra, Robert C. - 1989

drop in foreign producer surplus relative to free trade. Previous estimates of auction revenue are in the range of $3 7 … auction revenue is $1 3-2.15 billion, and the foreign loss is $0.5-O.7 billion relative to free trade. One alternative to … auction quotas is a system of tariff-rate quotas, which are designed to keep supplier countries welfare equal to that in free …

Persistent link: https://www.econbiz.de/10012476217

Pricing to Market, Staggered Contracts, and Real Exchange Rate Persistence

Bergin, Paul R. - 1999

This paper offers an explanation for the persistence observed in real exchange rate movements. The model combines pricing to market behavior with sticky prices generated by staggered contracts. A translog preference structure is sued to enhance both features. The paper finds that openness limits...

Persistent link: https://www.econbiz.de/10012471774

U.S. Imports, Exports, and Tariff Data, 1989-2001

Feenstra, Robert C. - 2002

This paper describes the updating of the NBER trade dataset, which now provides U.S. import and export values to the year 2001, disaggregated by Harmonized System (HS), Standard International Trade Classification (SITC), and the U.S. Standard Industrial Classification (SIC) categories. In...

Persistent link: https://www.econbiz.de/10012469316

Undertstanding the Home Market Effect and the Gravity Equation : The Role of Differentiating Goods

Feenstra, Robert C. - 1998

This paper argues that the theoretical foundations for the gravity equation are general, while the empirical performance of the gravity equation is specific to the type of goods examined. Most existing theory for the gravity equation depends on the assumption of differentiated goods. We show...

Persistent link: https://www.econbiz.de/10012472009

The US-China Bilateral Trade Balance : Its Size and Determinants

Feenstra, Robert C. - 1998

estimation method that takes advantage of our access to detailed Chinese Customs data at the commodity level. For example, the …

Persistent link: https://www.econbiz.de/10012472213

Testing Endogenous Growth in South Korea and Taiwan

Feenstra, Robert C. - 1997

We evaluate the endogenous growth hypothesis using sectoral data for South Korea and Taiwan. Our empirical work relies on a direct measure of the variety of products from each sector which can serve as intermediate inputs or as final goods. We test whether changes in the variety of these inputs,...

Persistent link: https://www.econbiz.de/10012472789

Putting Things in Order : Patterns of Trade Dynamics and Growth

Feenstra, Robert C. - 1997

We develop a procedure to rank-order countries and commodities using dis-aggregated American imports data. We find strong evidence that both countries and commodities can be ranked, consistent with the product cycle' hypothesis. Countries habitually begin to export goods to the United States...

Persistent link: https://www.econbiz.de/10012472846

Protectionist Threats and Foreign Direct Investment

Blonigen, Bruce A. - 1996

The recent literature on quid pro quo foreign direct investment (FDI) suggests that FDI may be induced by the threat of protection, and further, that FDI may be used as an instrument to defuse a protectionist threat. This paper uses a panel data set of 4-digit SIC level observations of Japanese...

Persistent link: https://www.econbiz.de/10012473384

Estimating the Effects of Trade Policy

Feenstra, Robert C. - 1995

This paper reviews empirical methods used to estimate the impact of trade policies under imperfect competition. We decompose the welfare effects of trade policy into four possible channels: (i) a deadweight loss from distorting consumption and production decisions; (ii) a possible gain from...

Persistent link: https://www.econbiz.de/10012473838