Welfare Effects of Trade Restrictions

Welfare Effects of Trade Restrictions

A Case Study of the U.S. Footwear Industry

1st Edition - January 1, 1977

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  • Authors: Michael Szenberg, John W. Lombardi, Eric Y. Lee
  • eBook ISBN: 9781483273808

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Welfare Effects of Trade Restrictions: A Case Study of the U.S. Footwear Industry evaluates and analyzes the welfare effects of removing trade restrictions on United States imports of nonrubber footwear through the product and employment markets. This book focuses on the structural characteristics of the industry and its adjustment experience to import competition. Organized into four chapters, this book begins with an overview of the detailed structural characteristics of the domestic footwear industry and its degree of competition. This text then provides the analytical framework for estimating the welfare effects of removing trade restrictions on imported footwear by using a consumer surplus approach. Other chapters consider the essential parameters needed in evaluating the foregoing effects of import restrictions on the domestic industry. This book discusses as well the impact of tariff restrictions on imported footwear. The final chapter deals with the trade adjustment assistance experience of the footwear industry. This book is a valuable resource for economists.

Table of Contents

  • Foreword



    I. Structure of the United States Footwear Industry

    1. The Pattern of Development, 1954-1974

    2. The Role of Imports

    3. Size Distribution of Firms

    4. Structure of Distribution Channels

    5. Summary

    Appendix to Chapter I

    II. Estimating the Economies of Scale and the Conditions of Entry

    1. Methods of Estimation

    2. Turnover of Firms

    Appendix to Chapter II

    III. The Welfare Effects of United States Tariff Restrictions on Imported Footwear

    1. Theory

    2. Estimation of Parameters: Methodology and Data

    3. Cost/Benefit Analysis

    4. Concluding Remarks

    Appendix to Chapter III

    IV. Trade Adjustment Assistance and Import Competition

    1. History and Evolution

    2. The Rationale of Adjustment Assistance

    3. Adjustment Experience in Footwear

    Regression Analysis

    Glossary of Terms

    Data Sheet

    Data Sources


    I. Books

    II. Reports and Unpublished Materials

    III. Articles and Periodicals

    IV . Public Documents


Product details

  • No. of pages: 180
  • Language: English
  • Copyright: © Academic Press 1977
  • Published: January 1, 1977
  • Imprint: Academic Press
  • eBook ISBN: 9781483273808

About the Authors

Michael Szenberg

John W. Lombardi

Eric Y. Lee

About the Editor

Karl Shell

Affiliations and Expertise

Cornell University

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