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This paper empirically investigates the effects of US safeguard protection on steel imports in 2002 on the mark-ups of …-product EU steel firms suffered relatively more from the protection than multi-product firms. Controlling for firm heterogeneity …, these results are robust to alternative specifications. Our evidence further suggests that US protection resulted in some …
Persistent link: https://www.econbiz.de/10014053544
The U.S. steel industry has a long history of being protected, first when it was an infant industry in 1791 and later as it became a mature industry and needed breathing room to allow it to restructure so that it could compete against more efficient foreign producers. In recent years the steel...
Persistent link: https://www.econbiz.de/10012980620
This paper empirically investigates the effects of US safeguard protection on steel imports in 2002 on the mark-ups of …-product EU steel firms suffered relatively more from the protection than multi-product firms. Controlling for firm heterogeneity …, these results are robust to alternative specifications. Our evidence further suggests that US protection resulted in some …
Persistent link: https://www.econbiz.de/10012732541
This paper examines the various arguments that have been put forth in favor of protectionism, from both an accounting and philosophical perspective. The author concludes that arguments against free trade are based on faulty premises, illogical reasoning or incorrect facts
Persistent link: https://www.econbiz.de/10014125064
This paper examines the various arguments that have been put forth in favor of protectionism, from both an accounting and philosophical perspective. The author concludes that arguments against free trade are based on faulty premises, illogical reasoning or incorrect facts. Part 2. This paper was...
Persistent link: https://www.econbiz.de/10012981889
This article is about protectionism. It is divided into four parts. Part 1 reviews the philosophy of protectionism, and analyzes the various arguments that have been given to support it over the years. These arguments have generally supported producers at the expense of the general public. Part...
Persistent link: https://www.econbiz.de/10012980629
To date, government procurement has been effectively carved out of the main multilateral rules of the WTO system. This paper examines the systemic and other ramifications of this exclusion, from both an economic and a legal point of view. In addition to relevant elements of the WTO Agreements,...
Persistent link: https://www.econbiz.de/10010435382
To date, government procurement has been effectively carved out of the main multilateral rules of the WTO system. This paper examines the systemic and other ramifications of this exclusion, from both an economic and a legal point of view. In addition to relevant elements of the WTO Agreements,...
Persistent link: https://www.econbiz.de/10011115144
To date, government procurement has been effectively carved out of the main multilateral rules of the WTO system. This paper examines the systemic and other ramifications of this exclusion, from both an economic and a legal point of view. In addition to relevant elements of the WTO Agreements,...
Persistent link: https://www.econbiz.de/10010430680
We investigate the response of US trucking firms to the removal of barriers to crossborder trucking under NAFTA. This was done via a program implemented in 2007, cancelled in 2009, and reinstated in 2011. We find that, unsurprisingly, the program's start resulted in lower stock returns,...
Persistent link: https://www.econbiz.de/10010467794