The authors present recent developments and enhancements of their "Michigan Model of World Production and Trade" together with the major results that the model has produced over the last seven years. The book provides details of the model and describes a number of its applications to a variety of important issues of trade policy in both industrialized and developing countries. Analysis of the key issues in the Uruguay Round of GATT Multilateral Trade Negotiations is also included. In addition to an assessment of the impact of both tariff and non-tariff barriers to trade, the authors also provide estimates of the sectoral employment impacts of trade policies. These results should be of importance to policy-makers in designing domestic adjustment policies and responding to the policies of major trading partners.
Sprache
Verlagsort
Verlagsgruppe
Pearson Education Limited
Zielgruppe
Für höhere Schule und Studium
Für Beruf und Forschung
Illustrationen
Maße
Höhe: 238 mm
Breite: 160 mm
Gewicht
ISBN-13
978-0-7450-1021-2 (9780745010212)
Copyright in bibliographic data is held by Nielsen Book Services Limited or its licensors: all rights reserved.
Schweitzer Klassifikation
Part 1 Modelling global trading arrangements: the Michigan model of world production and trade - theoretical considerations; implementation of the model. Part 2 Computational analysis of the effects of production: the structure of tariff protection - effects of foreign tariffs and NTBs; input-output technologies and the effects of tariff reductions; neighbourhood effects of developing country protection; the effects of protection on the factor content of Japanese and American foreign trade; an evaluation of factor endowments and protection as determinants of Japanese and American foreign trade; the economic consequences of an import surcharge - theory and empirical evidence for the US economy; tariffs and defensive responses; the impact of tariffs on profits in the United States and other major trading countries. Part 3 Computational analysis of multilateral trade liberalization: impact of the Tokyo Round and US macroeconomic adjustments onm North American trade; alternative scenarios for trade liberalization in the Uruguay Round negotiations; evaluation of alternative safeguards scenarios in the major trading countries. Part 4 Conclusions and implications for research and policy: what have we learned?
