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.
By:
Robert E. Scott Imprint: Routledge Country of Publication: United Kingdom Dimensions:
Height: 234mm,
Width: 156mm,
Weight: 453g ISBN:9781138061521 ISBN 10: 1138061522 Series:Routledge Library Editions: The Automobile Industry Pages: 196 Publication Date:20 August 2019 Audience:
General/trade
,
College/higher education
,
ELT Advanced
,
Primary
Format:Paperback Publisher's Status: Active