Senescent Industry Collapse Revisited (Classic Reprint)
Language: English
Published by Forgotten Books, 2018
- Softcover
- New
Seller: Forgotten Books, London, United KingdomForgotten Books
AbeBooks seller since June 2, 2021
Condition: New
US$ 17.42
Quantity: Over 20 available
Add to basketItem description from seller
Print on Demand. This book explores the stubborn persistence of protectionism in the political economy of trade. Previous studies have largely treated political forces as a black box and assumed that industries decline smoothly, up to a point at which protection is abruptly terminated, and the industry collapses. This book builds a dynamic model to address these gaps. The author finds that declining industries contract more slowly over time and never fully adjust. The model also shows that the type of collapse predicted by previous studies is only possible under special conditions, such as a fixed cost to lobbying. Additionally, the author considers the symmetric case of lobbying in growing industries, suggesting that the disproportionate share of protection afforded to mature industries in some countries is better explained by a bias in the political process than by pure economic differences. The book's insights shed light on the complex interplay between industry adjustment, lobbying, and political response and will interest economists and policymakers seeking to better understand the dynamics of protectionism and its impact on the allocation of resources. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. …
Seller Inventory # 9781334475641_0
- Title
- Senescent Industry Collapse Revisited (Classic Reprint)
- Author
- S. Lael Brainard, Thierry Verdier
- Publisher
- Forgotten Books
- Publication year
- 2018
- Condition
- New
- Book Type
- print-on-demand item
- Binding
- Paperback
- Language
- English
- ISBN 10
- 1334475644
- ISBN 13
- 9781334475641
- Seller catalogs
- Economics
One of the most robust and least discussed empirical regularities in the political economy of trade is the persistence of protection. Empirical research by a number of authors suggests that past levels of protection are significant in explaining current protection levels in an industry. For instance, in their study of the pattern of protection that emerged in the u.s. Following the Kennedy Round of the gatt, Marvel and Ray (1983) found that an industry was more successful in resisting liberalisation the higher was its level of protection preceding the liberalisation, after controlling for industry growth rates, industry concentration, comparative advantage, and buyer concentration. Similarly, in studies of both the Kennedy and Tokyo Rounds, Baldwin (1985) found that industries received more post-liberalisation protection the greater were pre-liberalisation levels of protection, even after controlling for labor force characteristics, growth rates, and import penetration ratios. In empirical tests explaining corporations' positions on 6 trade initiatives during the 1970s, Pugel and Walters (1985) found that the demand for protectionism was strongly increasing in the industry's initial tariff level, controlling for import penetration and variables reflecting exporting strength.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
"Synopsis" may belong to another edition of this title.
Forgotten Books
London, United Kingdom
AbeBooks seller since June 2, 2021
Shipping rates from United Kingdom to U.S.A.
| Item | 5 to 10 business days | 5 to 10 business days |
|---|---|---|
| First item | US$ 0.00 | US$ 0.00 |
Payment methods
Store description
Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.
Specialty
TradeSeller's business information
FB &c Ltd
Dalton House, 60 Windsor Avenue
London, United Kingdom SW19 2RR
Terms of sale
All books are Print on Demand and will be printed upon purchase and shipped in New Condition. Orders typically ship within 3-5 business days. If you're dissatisfied with your purchase (Incorrect Book/Not as Described/Damaged) or if the order hasn't arrived, you're eligible for a refund within 30 days of the estimated delivery date. If you've changed your mind about a book that you've ordered, please use the ask bookseller a question link to contact us and we'll respond within 2 business days.
Other policies
Please note that we cannot accept cancellation requests once an order has been placed.
All Forgotten Books titles are printed on demand. The moment an order is submitted, it is automatically transmitted to our distributor and then forwarded to the printer, where it enters production. This process begins within minutes and is entirely automated.
A cancellation, however, is a manual, multi-step request that must pass through several systems. By the time such a request reaches the appropriate stage, the book has almost always been printed, packed, or already dispatched, which makes cancellation impossible.
For this reason, we kindly ask that you double-check the title, edition, and your shipping details before placing an order.
If you change your mind after ordering, you are welcome to return the book once it arrives, and a refund will be issued in accordance with AbeBooks’ return policy.
Please also make sure your address is correct before ordering as we will no be able to intervene and make changes before the book is shipped.
We can provide digital samples for all our print books ahead, so don't hesitate to reach out.
Returns
As a small publisher we do not have the facilities to resell returned books, so any returned book will be recycled. If the book is damaged or defective please continue with the return process, and thank you for letting us know so that we can improve our products. If you’re returning for another reason, however, please consider whether you could donate or gift the book instead so that it avoids the waste pile.
Thank you in advance!
Shipping terms
We are committed to minimizing our environmental impact and reducing shipping costs by manufacturing and shipping our products as close to our customers as possible. For orders within the United States, your items are shipped from the USA with final delivery done by USPS.
UK and European orders are fulfilled from the UK through various couriers.
Canadian orders may be shipped from either Canada or the USA via Canada Post or UPS, depending on the size of the order.
For our customers in other regions around the world, we ensure that your orders are shipped from the closest available location to reduce delivery times and carbon footprint. Our goal is to deliver your products efficiently, no matter where you are located.
Please be aware that depending on the size of your order and local legislation in your country, there may be additional taxes, customs duties, and fees imposed by the destination country. These charges are not included in the item price or shipping cost. They are the responsibility of the customer and must be paid upon delivery.
We recommend checking with your local customs office for more information on potential charges before placing your order. Forgotten Books is not responsible for any customs duties, taxes, or fees incurred.