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Import Competition and Response (National Bureau of Economic Research Conference Report)
 
 
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Import Competition and Response (National Bureau of Economic Research Conference Report) [Hardcover]

Jagdish Bhagwati (Editor)

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Book Description

May 1, 1982 0226045382 978-0226045382
These papers, by a number of leading international-trade theorists, present the first significant theoretical work to be done on a topic of considerable interest, import competition. Nine theoretical papers, on topics ranging from protectionist lobbying to adjustment costs, are synthesized in the editor's Introduction, which also contrasts these contributions with the traditional classroom analysis of import competition. Three major empirical studies close the volume. It will prove indispensable for anyone who wishes to think clearly about import competition and about how economies do—and should—respond to it.

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About the Author

Jagdish Bhagwati is the Arthur Lehman Professor of Economics at Columbia University.

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Inside This Book (learn more)
First Sentence:
As the threat of "new protectionism" has grown during the 1970s and the governments of most developed countries are struggling to keep intact the "liberal international economic order" of the three postwar decades, the question of import competition has risen to the forefront of policy discussions. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
price facing domestic producers, optimal dynamic subsidy, private maximizing behavior, continual full employment, optimal adjustment path, lobbying equilibrium, rental differential, private capital owners, tariff lobbying, significant multilateral tariff reduction, varying quota, private maximization, true social benefit, efficient tariff, lobbying response, foreign supply curve, trade adjustment assistance, tariff proceeds, income recovery, adjustment technology, varying tariff, autarky equilibrium, optimum tariff, private discount rate, equilibrium locus
Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Journal of International Economics, Journal of Political Economy, New York, American Economic Review, Quarterly Journal of Economics, Columbia University, Economic Journal, Kennedy Round, Tokyo Round, Paul Krugman, Review of Economic Studies, Trade Expansion Act, Harvard University Press, Rome Treaty, Trade Agreements, United Kingdom, Entire All, European Community, Government Printing Office, Michael Bruno, Peter Neary, References Bhagwati, Sample Recipients Recipients Recipients Recipients, West Germany
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