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The State of the North American and Japanese Motor Vehicle Industries : A Partially Calibrated Model to Examine the Impacts of Trade Policy Changes

Fuss, Melvyn; Murphy, Steven; Waverman, Leonard - 2021

protectionist policies can in some cases increase aggregate welfare in North America at the expense of Japan …

Persistent link: https://www.econbiz.de/10013219191

Gains and Losses from Potential Bilateral Us-China Trade Retaliation

Dong, Yan - 2011

regions, the US, China, EU, Japan and Rest of the World, and calibrated to a global 2009 micro consistent data set. The other … debated. In a US-China trade conflict, Europe and Japan would seem gainers from preferential access to US and Chinese markets … Japan from trade diversion if the substitutions elasticities of imports are high. Costs will are borne by the US and China …

Persistent link: https://www.econbiz.de/10013120993

Can Subsidies for Mars Be Procompetitive?

Krishna, Kala; Roy, Suddhasatwa; Thursby, Marie - 2022

In contrast to recent literature, we show that market access requirements (MARs) can be implemented in a procompetitive manner even in the absence of threats in related markets. By focusing on subsidies that are paid only when the requirement is met, we show that a MAR can increase aggregate...

Persistent link: https://www.econbiz.de/10013322874

Bilateralism and Regionalism in Japanese and U.S. Trade and Direct Foreign Investment Patterns

Eaton, Jonathan - 2010

region. We find that features of a country associated with more trade with either Japan or the United States also tend to be … associated with more DFI from Japan or the United States. U.S. economic relations with Japan and Western Europe provide an … important exception. Despite U.S. concern about its trade deficit with Japan, we find Japan to be much more open to the United …

Persistent link: https://www.econbiz.de/10012763473

Implementing Results-Oriented Trade Policies : The Case of the Us-Japanese Auto Parts Dispute

Krishna, Kala; Morgan, John - 2022

Why would the US threaten punitive tariffs on luxury autos to implement a market share target in auto parts? We show that by making threats to a linked market, a market share may be implemented with fairly weak informa- tional and administrative requirements. Moreover, such policies can be both...

Persistent link: https://www.econbiz.de/10013309220

Trade Politics and the Semiconductor Industry

Irwin, Douglas A. - 2021

Department) brought about a 1986 trade agreement in which the United States forced Japan to end the 'dumping' of semiconductors … 'affirmative action' for the industry in its efforts to sell more in Japan, but has been criticized as constituting 'export …

Persistent link: https://www.econbiz.de/10013310555

Trade and Security,I : Anarchy

Anderson, James E.; Marcouiller, Douglas - 2022

Market exchange is subject to an endogenously determined level of predation which impedes specialization and gains from trade. We construct a model in which utility-maximizing agents opt between careers in production and careers in predation. Three types of equilibria may emerge: autarky (with...

Persistent link: https://www.econbiz.de/10014158358

From Benign Neglect to Malignant Preoccupation : U.S. Balance-of-Payments Policy in the 1960s

Eichengreen, Barry - 2010

U.S. balance-of-payments problems in the 1960s remain poorly understood. In this paper I argue that they had two aspects. On the one hand there was a problem of real overvaluation, evident in the erosion of the current account and reflecting the reluctance of the Fed, the Executive and Congress...

Persistent link: https://www.econbiz.de/10014161214

The U.S. Shale Oil Boom, the Oil Export Ban, and the Economy : A General Equilibrium Analysis

Cakir Melek, Nida - 2017

This paper examines the effects of the U.S. shale oil boom in a two-country DSGE model where countries produce crude oil, refined oil products, and a non-oil good. The model incorporates different types of crude oil that are imperfect substitutes for each other as inputs into the refining...

Persistent link: https://www.econbiz.de/10012947648

The Political Economy of Trade and International Labor Mobility

Galiani, Sebastian - 2015

We explore the political economy of trade and migration policies in several models of international trade. We show that in a Ricardian world, free trade and no international labor mobility is a Nash equilibrium outcome, but free trade and free international labor mobility is not. The result...

Persistent link: https://www.econbiz.de/10013021016