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.
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Produktdetaljer
ISBN
9780226454665
Publisert
2018
Utgave
1. utgave
Utgiver
Vendor
University of Chicago Press
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter