THE EFFECTS OF PROTECTION ON THE FACTOR CONTENT OF JAPANESE AND AMERICAN FOREIGN TRADE

Robert Staiger, Alan Deardorff and Robert Stern

Chapter 39 in Comparative Advantage, Growth, and the Gains from Trade and Globalization:A Festschrift in Honor of Alan V Deardorff, 2011, pp 547-556 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractData on pre-Tokyo Round tariffs and ad valorem approximations of non tariff barriers are used in the Michigan Computational Model of World Production and Trade to calculate changes in commodity trade attributable to protection in Japan and the United States. Data on factor requirements in production are then used to calculate the factor contents of these computed changes in trade. Results indicate that Japanese protection is more distortionary of factor markets in Japan and the United States than is American protection, and that U.S. manufacturing labor would be the least likely to gain from trade liberalization in Japan and/or the United States.

Keywords: Comparative Advantage; Trade And Growth; Globalization; Computational Modeling; Trade Policy Analysis (search for similar items in EconPapers)
Date: 2011
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Journal Article: The Effects of Protection on the Factor Content of Japanese and American Foreign Trade (1988)
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