Frontmatter -- Contents -- Tables -- Figures -- Preface -- Introduction -- 1. The growth of regulation -- 2. The model -- 3. Data -- 4. Results of the free trade model, 1966 data, and development of the constrained model -- 5. The dual -- 6. The tariff -- 7. Sensitivity of the...

In this paper we present for the first time estimates of cost and efficiency differences between U.S. and Japanese producers based on an econometric cost function methodology rather than the accounting frameworks previously used. We demonstrate that the cost difference estimates for 1979 which...