The Political Economy of Protection

The Political Economy of Protection
Author: Arye L. Hillman
Publisher: Taylor & Francis
Total Pages: 178
Release: 2013-10-15
Genre: Business & Economics
ISBN: 1136455493

This book examines how trade policy is determined in democratic countries, and illustrates how protectionist policies are engendered by political processes that allow groups to pursue their own interests.

Trade Policy Issues and Empirical Analysis

Trade Policy Issues and Empirical Analysis
Author: Robert E. Baldwin
Publisher: University of Chicago Press
Total Pages: 392
Release: 2008-04-15
Genre: Business & Economics
ISBN: 0226036510

Interest in U.S. trade policy has been stimulated in recent years by the massive American trade deficit, by the belief that intervention by foreign governments in international markets has given other countries a competitive edge over the United States, and by concern about the increase in protectionism among industrial countries. In turn, major analytical developments in international economics have revolutionized trade theory, broadening its scope both by introducing in a more formal manner such concepts as imperfect competition, increasing returns, product differentiation, and learning effects and by including the study of political and economic factors that shape trade policy decisions. This collection of papers—the result of a conference held by the NBER—applies these "new" trade theories to existing world cases and also presents complementary empirical studies that are grounded in more traditional trade theories. The volume is divided into four parts. The papers in part 1 consider the problem of imperfect competition, empirically assessing the economic effect of various trade policies introduced in industries in which the "new" trade theory seems to apply. Those in part 2 isolate the effects of protection from the influences of the many economic changes that accompany actual periods of protection and also examine how the effects from exogenous changes in economic conditions vary with the form of protection. Part 3 provides new empirical evidence on the effect of foreign production by a country's firms on the home country's exports. Finally, in part 4, two key bilateral issues are analyzed: recent U.S.-Japanese trade tensions and the incident involving the threat of the imposition of countervailing duties by the United States on Canadian softwood lumber.

The Softwood Lumber War

The Softwood Lumber War
Author: Daowei Zhang
Publisher: Routledge
Total Pages: 322
Release: 2010-09-30
Genre: Business & Economics
ISBN: 1136524096

As a forester interested in economics and policy, Daowei Zhang followed the softwood lumber dispute between the U.S. and Canada for nearly 20 years. Dubbed the 'Softwood Lumber War,' the conflict enveloped politicians and business leaders on both sides of the border and placed strains on the historically close economic and political relations between the two countries. This book is an unprecedentedly detailed evaluation of how the conflict began and how it was sustained for such a long period of time. The book considers the implications that may follow from the 2006 agreement between the nations, and the broader lessons that might be learned about international trade conflicts. The early 1980s was a difficult time for U.S. lumber producers. Finding their domestic market share in decline, they requested restrictions on Canadian lumber imports. Alleging that the Canadian producers were being subsidized, they eventually secured a 15 percent export tax on Canadian lumber in 1986. A long series of trade battles followed against a background of shortages in the U.S. timber supply, changing international markets, and the establishment of the North American Free Trade Agreement and the World Trade Organization. Canada and the United States are the world's largest trading partners, but, as Zhang demonstrates, it is a relationship in which domestic pressure groups, different institutional structures within each government, and differences in the relative economic power of each country remain extremely important determinants of foreign policy. The fact that the softwood lumber dispute has taken so long to resolve-and the prospect that the 2006 agreement has the potential to be undone by continuing litigation and trade friction-raise important questions about international relations in a world that is supposedly moving toward free trade.

The Global Forest Products Model

The Global Forest Products Model
Author: Joseph Buongiorno
Publisher: Academic Press
Total Pages: 320
Release: 2003-02-24
Genre: Business & Economics
ISBN: 0121413624

The Global Forest Products Model (GFPM) book provides a complete introduction to this widely applied computer model. The GFPM is a dynamic economic equilibrium model that is used to predict production, consumption, trade, and prices of 14 major forest products in 180 interacting countries. The book thoroughly documents the methods, data, and computer software of the model, and demonstrates the model's usefulness in addressing international economic and environmental issues. The Global Forest Products Model is written by an international multi-disciplinary team and is ideal for graduate students and professionals in forestry, natural resource economics, and related fields. It explains trends in world forest industries in the simplest terms by explaining the economic theory underlying the model. It describes six applications of the GFPM, three of which were commissioned by the Food Agriculture of the United Nations, the USDA Forest Service, and New Zealand Research. The authors show how to apply the model to real issues such as the effects of the Asian economic crisis on the forest sector, the effects of eliminating tariffs on international trade and production, and the international effects of national environmental policies. They provide complete explanations on how to use the GFPM software, prepare the data, make the forecasts, and summarize the results with tables and graphs. Comprehensive, and rigorous description of the world forestry sector Written by an international multi-disciplinary team Thorough description of data and methods In-depth applications to modern economic and policy issues Detailed documentation of the computer software Suitable for students, researchers, and decision makers

United States/Canada Economic Relations

United States/Canada Economic Relations
Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Economic Stabilization
Publisher:
Total Pages: 662
Release: 1987
Genre: Canada
ISBN:

Trade Policy, Processing and New Zealand Forestry

Trade Policy, Processing and New Zealand Forestry
Author: John Gilbert
Publisher: Routledge
Total Pages: 152
Release: 2020-11-26
Genre: Social Science
ISBN: 1000160394

This title was first published in 2000: Examines core issues with respect to the effect of export restrictions, the impact on processing and welfare, the consequences of foreign ownership of the resource, and the possibility of utilizing export restrictions as a retaliatory strategy against escalating tariff structures. It also examines the impact of liberalization of processed good markets. The book employs a combination of formal general equilibrium modelling and counterfactual simulation using computable general equilibrium (CGE) tecniques, with the New Zealand forestry industry used as a case study throughout. The book makes a contribution to the literature in this field by incorporating foreign ownership into an extensive formal analysis of processing incentives, develooping a new CGE model of the New Zealand economy, utilizing this model to evaluate the costs of export restrictions, and utilizing the GTAP to provide insights into the possible effect of the APEC Early Voluntary Sector Liberalization strategy.

Institutions and Trade Policy

Institutions and Trade Policy
Author: J. M. Finger
Publisher: Edward Elgar Publishing
Total Pages: 310
Release: 2002-01-01
Genre: Political Science
ISBN: 9781782541745

This book reprints eighteen essays selected from almost thirty years of work by the author as a high level official at the UN Conference on Trade and Development.

Frameworks for Sustainable Forests and Communities

Frameworks for Sustainable Forests and Communities
Author: Michael Hibbard
Publisher: DIANE Publishing
Total Pages: 71
Release: 1996-07
Genre:
ISBN: 0788171631

Collectively, the chapters in this exploratory study constitute a review of community economic development as a response in the Pacific Northwest to the globalization of the timber industry. The history of federal policies concerning forest communities & timber production is discussed, & recent social & economic changes that are profoundly affecting forest communities are examined. Case studies of new approaches to creating jobs & wealth in forest communities are presented as well as research into the link between economic development & social & political development. Charts & tables.