Author: | Dick, A. |
Title: | Does import protection act as export promotion?: evidence from the United States |
Journal: | Oxford Economic Papers
1994 : JAN, VOL. 46:1, p. 83-101 |
Index terms: | USA TRADE POLICY IMPORTS |
Language: | eng |
Abstract: | Strategic trade policy theory suggests how import protection can be export-promoting under increasing returns to scale. The author tests this hypothesis for 200 U.S. import-competing industries characterized by varying degrees of increasing returns to scale. After removing political economy endogeneities in tariff and non-tariff barriers, targeted import protection most frequently has been export-deterring. Moreover, export deterrence has been greatest in industries displaying the strongest static dynamic scale economies. |
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