The Market for Cars in the Enlarged European Community

Alasdair Smith

No 360, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: This paper analyzes the effects of European Community trade policy towards the car market, in a formal model in which the motor industry is treated as an imperfectly competitive industry with economies of scale in production. Voluntary restrictions on exports of Japanese cars to Community markets are modeled as having an anti-competitive effect. The model is numerically calibrated to 1988 data and a range of policy changes are simulated, including the entry of Spain and Portugal into the Community, and the reduction of border barriers and fiscal harmonization associated with the Community's 1992 program. The main focus is on the effects of changes in the Community's external trade policy.

Keywords: Automobile Industry; EC; Exports; Imports; Trade Policy (search for similar items in EconPapers)
Date: 1989-12
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.cepr.org/active/publications/discussion_papers/dp.php?dpno=360 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cpr:ceprdp:360

Ordering information: This working paper can be ordered from
http://www.cepr.org/ ... pers/dp.php?dpno=360

Access Statistics for this paper

More papers in CEPR Discussion Papers from Centre for Economic Policy Research 33 Great Sutton Street, London EC1V 0DX, UK.
Bibliographic data for series maintained by CEPR ().