Short Sighted Solutions: Trade and Energy Policies for the Us Auto Industry (Routledge Library Editions: The Automobile Industry) (Hardcover)

Short Sighted Solutions: Trade and Energy Policies for the Us Auto Industry (Routledge Library Editions: The Automobile Industry) By Robert E. Scott Cover Image
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Description


This book, originally published in 1994, explores the effects of federal policies on the US auto industry in the 1970s and 80s which were designed to save jobs and help the domestic industry become more competitive. The author develops a new model based on modern oliopoly theory to estimate the effects of the voluntary Restraint Agreements (which limited Japanese imports) on the US auto market. The results demonstrate that VRAs caused price increases which adversely affected the comptitiveness of US producers. On the eve of a new Trump administration, and the likelihood of new restrictions on imports to boost US manufacturing, this book has particular enduring relevance.



Product Details
ISBN: 9781138061507
ISBN-10: 1138061506
Publisher: Routledge
Publication Date: July 4th, 2017
Pages: 196
Language: English
Series: Routledge Library Editions: The Automobile Industry