Voluntary Export Restraints on Automobiles: Evaluating a Trade Policy
James Levinsohn, and
Ariel Pakes. 1999. "Voluntary Export Restraints on Automobiles: Evaluating a Trade Policy."
American Economic Review,
The authors evaluate the voluntary export restraint that was initially placed on exports of automobiles from Japan in 1981. They evaluate the impact this policy had on U.S. consumer welfare, firm profits, and foregone tariff revenue from its initiation through 1990.
Article Full-Text Access
Berry, Steven (Yale U)
Levinsohn, James (U MI)
Pakes, Ariel (Yale U)
F13: Trade Policy; International Trade Organizations
L62: Automobiles; Other Transportation Equipment