| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w11798 |
| 来源ID | Working Paper 11798 |
| Foreign Subsidization and Excess Capacity | |
| Bruce A. Blonigen; Wesley W. Wilson | |
| 发表日期 | 2005-11-21 |
| 出版年 | 2005 |
| 语种 | 英语 |
| 摘要 | The U.S. steel industry has long held that foreign subsidization and excess capacity has led to its long-run demise, yet no one has formally examined this hypothesis. In this paper, we incorporate foreign subsidization considerations into a model based on Staiger and Wolak's (1992) cyclical-dumping framework and illustrate testable implications of both cyclical excess capacity and structural excess capacity stemming from foreign subsidization. We then use detailed product- and foreign country-level data on steel exports to the U.S. market from 1979 through 2002 to estimate these excess capacity effects. The results provide strong evidence of both cyclical and structural excess capacity effects for exports to the U.S. market. However, the effects are confined to such a narrow range of country-product combinations that it is unlikely that such effects were a significant factor in the fortunes of U.S. steel firms over the past decades. |
| 主题 | International Economics ; Trade ; Industrial Organization ; Market Structure and Firm Performance |
| URL | https://www.nber.org/papers/w11798 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/569449 |
| 推荐引用方式 GB/T 7714 | Bruce A. Blonigen,Wesley W. Wilson. Foreign Subsidization and Excess Capacity. 2005. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w11798.pdf（390KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
