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The beginning of the twentieth century provides a unique opportunity to explore the interaction of rapid technological progress and trade barriers in shaping the worldwide diffusion of a new, highly traded good: the automobile. We scrape historical data on the quantity and value of passenger...
Persistent link: https://www.econbiz.de/10013321598
This paper tries to make sense of the recent trade dispute between the U.S. and Japan in autos and auto parts. The … Japan, and that these differences have contributed to the growing bilateral trade deficit in auto parts. The paper also …
Persistent link: https://www.econbiz.de/10013102060
protectionist policies can in some cases increase aggregate welfare in North America at the expense of Japan …
Persistent link: https://www.econbiz.de/10013219191
Canada, the U.S.and Japan. Utilizing an econometric cost function methodology, we are able to isolate the major source of …
Persistent link: https://www.econbiz.de/10012755399
New car fleet fuel economy, weight and engine power have changed drastically since 1980. These changes represent both movements along and shifts in the "fuel economy/weight/engine power production possibilities frontier". This paper estimates the technological progress that has occurred since...
Persistent link: https://www.econbiz.de/10013157925
We examine the sensitivity of simple calibration models of trade in imperfectly competitive industries to changes in model specification, as well as to changes in the calibration parameters. We find that not just the magnitude, but also the sign of the optimal trade policies is very sensitive to...
Persistent link: https://www.econbiz.de/10012760165
Firms sometimes comply with externality-correcting policies by gaming the measure that determines policy. We show theoretically that such gaming can benefit consumers, even when it induces them to make mistakes, because gaming leads to lower prices by reducing costs. We use our insights to...
Persistent link: https://www.econbiz.de/10012977637
The 2009 Cash for Clunkers program aimed to stimulate consumer spending in the new automobile industry, which was experiencing disproportionate reductions in demand and employment during the Great Recession. Exploiting program eligibility criteria in a regression discontinuity design, we show...
Persistent link: https://www.econbiz.de/10013049694
This paper examines the political process through which the U.S. auto industry pursued and ultimately received protection from Japanese competition. Following a brief review of research on the competitiveness of the industry (section II) and on the effects of protection on industry performance...
Persistent link: https://www.econbiz.de/10013222912
This article investigates the impact of a number of policy manipulable variables on the motor vehicle mortality rate of white males between the ages of 15 to 24. Particular emphasis is placed on the role of alcohol. Utilizing data for the tune period 1970 to 1975, multivariate equations are...
Persistent link: https://www.econbiz.de/10013231437