Tariffs and steel: US safeguard actions*
| Autor: | T. Gordon MacAulay, Jared Greenville |
|---|---|
| Rok vydání: | 2005 |
| Předmět: |
Economics and Econometrics
business.industry ComputerApplications_COMPUTERSINOTHERSYSTEMS International economics International trade Unfair competition Agricultural and Biological Sciences (miscellaneous) Spatial equilibrium Domestic industry Supply and demand Safeguard Order (exchange) Economics Trade barrier business Free trade |
| Zdroj: | The Australian Journal of Agricultural and Resource Economics. 49:321-338 |
| ISSN: | 1467-8489 1364-985X |
| DOI: | 10.1111/j.1467-8489.2005.00293.x |
| Popis: | A multiproduct spatial equilibrium model of world steel trade is presented in this paper. The model is used to analyse the impacts of the safeguard trade barriers brought about by the USA in order to protect their domestic industry from the so-called unfair competition. Emphasis is placed on the likely effect on the Australian industry and possible policy responses available to the industry. A case study is made of Australia's three largest export products; namely, slab, hot-rolled and cold-rolled steel, which share some substitutability in supply and demand because of the nature of the industry. As a result of the safeguard barriers to steel trade, world steel prices fell and trade shifted away from the USA to other importing regions. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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