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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
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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
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The U.S. Japan Trade Imbalance from the Japanese Perspective
Sato, Ryuzo - 2022
By 1981, Japan achieved both internal and external equilibrium; exports and imports roughly balanced at sixteen percent …
Persistent link: https://www.econbiz.de/10013324483
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Trade Wars and Trade Talks with Data
Ossa, Ralph - 2011
How large are optimal tariffs? What tariffs would prevail in a worldwide trade war? How costly would be a breakdown of international trade policy cooperation? And what is the scope for future multilateral trade negotiations? I address these and other questions using a unified framework which...
Persistent link: https://www.econbiz.de/10013121039
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Trade, Variety, and Immigration
Bo, Chen - 2012
What are the gains from international trade? And how do immigrants influence this process? While economists have considered these questions before, particularly in the context of aggregate trade flows, there has been no work assessing the relation between immigration and international trade in...
Persistent link: https://www.econbiz.de/10013108248
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Bilateral Negotiations and Multilateral Trade : The Case of Taiwan-U.S. Trade Talks
Chen, Tain-Jy; Liu, Meng-Chun - 2021
This paper reviews the history of bilateral trade negotiations between Taiwan and the U.S. The question posed at the outset is: does bilateralism enhance or jeopardize multilateralism? The U.S.-Taiwan experience seems to suggest a grossly negative answer. Bilateral negotiations for market...
Persistent link: https://www.econbiz.de/10013218908
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Reciprocated Unilateralism in Trade Policy : An Interest-Group Approach
Krishna, Pravin; Mitra, Devashish - 2021
Using the menu-auction approach to endogenous determination of tariffs and allowing additionally for lobby formation itself to be endogenous, this paper analyzes the impact of unilateral trade liberalization by one country on its partner's trade policies. We find that such unilateral...
Persistent link: https://www.econbiz.de/10013231406
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International Coordination of Trade Policy
Richardson, J. David - 2021
The General Agreement on Tariffs and Trade (GATT) is a coordination compact. Tariff bindings illustrate a mechanism for making commitments credible. Reciprocity illustrates a means for redistributing cooperative gains. The Most-Favored-Nation (MFN) principle illustrates an attempt to keep...
Persistent link: https://www.econbiz.de/10013234384
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Trade Wars and Trade Talks
Grossman, Gene M.; Helpman, Elhanan - 2021
Whether governments clash in trade disputes or negotiate over trade agreements, their actions in the international arena reflect political conditions back home. Previous studies of cooperative and noncooperative trade relations have focused on governments that are immune from political pressures...
Persistent link: https://www.econbiz.de/10013240527
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Reciprocated Unilateralism in Trade Reforms with Majority Voting
Krishna, Pravin; Mitra, Devashish - 2021
This paper shows how unilateral liberalization in one country can increase the voting support for reciprocal reduction in trade barriers in a partner country. When trade policies are determined simultaneously in the two countries, we show the possibility of multiple political equilibria -...
Persistent link: https://www.econbiz.de/10013249261