Empirical studies of strategic trade policy

eBook Title for Download :Empirical studies of strategic trade policy (Format : djvu , Language : English)

Plot :

Since the 1980s, economists have used the concept of strategic trade policy, which takes account of imperfect competition and increasing returns in the international marketplace, to criticize conventional views about free trade. According to the new view, a government can take strategic steps to raise its income at another country's expense--by subsidizing exports or erecting trade barriers, protecting certain firms from foreign competition, or promoting the development of new industries. This volume looks at the experience of specific industries in order to determine the effectiveness of strategic trade policy in promoting economic growth.

The nine papers cover the U.S. and European auto industries, the U.S. steel industry, the commercial aircraft industry, airline deregulation in Scandinavia, and labor and industrial policy in Korea and Taiwan. The authors refine the basic techniques for measuring policy effectiveness, extend them to encompass industry dynamics, and test the implications of new trade models.

International economists and trade experts in government and business will find important new insights into the role of strategic trade policy in international competitiveness.

About the Author

Paul Krugman won the 2008 Nobel Memorial Prize in Economic Sciences.

Author(s) Book :Alasdair Smith, Paul Krugman
Publish Year :1994 Publisher : UCP
You can check by ISBN10/ISBN13 : 0226454606/9780226454603
Pages :260

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