U.S. International Competitiveness

U.S. International Competitiveness

EnglishHardbackPrint on demand
Hilke John C.
Bloomsbury Publishing PLC
EAN: 9780275929640
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Detailed information

U.S. International Competitiveness challenges the common assertions concerning causes of America's growing trade deficit. The authors' unique empirical analysis of industry specific trade flows using numerous explanatory variables provides a vigorous test of the view that deficit growth is primarily due to unfair foreign trade practices, overzealous antitrust laws, slack U.S. management, and other microeconomic factors. Their conclusions on the actual culprits offer a sobering reassessment of current and proposed trade policies. American and foreign public policy makers, as well as trade and industrial organization scholars, will find this volume to be enlightening and provocative reading.

The first two chapters establish the parameters and theoretical background for the study. The authors then review the microeconomic explanations for sudden trade deficit growth, identify industry characteristics included in the study, and specify the model to be tested. Turning to an examination of the empirical results, they initially look at whether changes in industry characteristics over time could have increased the deficit. They then highlight microeconomic explanations for changes in the U.S. trade balance. Concluding chapters present detailed case studies of particular industries as well as the policy implications to be drawn from the study.

EAN 9780275929640
ISBN 0275929647
Binding Hardback
Publisher Bloomsbury Publishing PLC
Publication date July 7, 1988
Pages 246
Language English
Country United States
Authors Hilke John C.; Nelson Philip B.
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