A Trade Policy Perspective on Import Quotas and the Substitution Effect in the U.S. Automobile Industry

1991 ◽  
Author(s):  
Godfrey Cadogan
Keyword(s):  
Trade Policy ◽  
Automobile Industry ◽  
Substitution Effect ◽  
Policy Perspective ◽  
The U.S ◽  
Import Quotas

scholarly journals A Trade Policy Perspective On Import Quotas And The Substitution Effect

2021 ◽  
Author(s):  
Godfrey Cadogan
Keyword(s):  
Trade Policy ◽  
Substitution Effect ◽  
Policy Perspective ◽  
Import Quotas

A Trade Policy Perspective On Import Quotas And The Substitution Effect

scholarly journals A Trade Policy Perspective On Import Quotas And The Substitution Effect

2021 ◽  
Author(s):  
Godfrey Cadogan
Keyword(s):  
Trade Policy ◽  
Substitution Effect ◽  
Policy Perspective ◽  
Import Quotas

A Trade Policy Perspective On Import Quotas And The Substitution Effect

US trade policy is putting at risk the sustainability of the generic/biosimilar industry and the drug supply chain

2021 ◽  
pp. 174113432199431
Author(s):  
María Fabiana Jorge
Keyword(s):  
Supply Chain ◽  
Trade Policy ◽  
Pharmaceutical Products ◽  
Drug Supply ◽  
Active Pharmaceutical Ingredients ◽  
Pharmaceutical Ingredients ◽  
Us Trade Policy ◽  
Drug Supply Chain ◽  
Security Concern ◽  
The U.S

With the outbreak of the Coronavirus there is a new realization of the vulnerabilities of the U.S. drug supply chain. However, while such concerns may have been amplified by the pandemic, they preceded Covid-19 and were well documented before 2020. Indeed, in past years the U.S. Congress held several hearings addressing potential vulnerabilities in the U.S. drug supply chain, in part due to the increasing dependency on China as a dominant supplier of active pharmaceutical ingredients (APIs) and some finished pharmaceutical products. These vulnerabilities go well beyond health policy and constitute a national security concern. The article addresses how U.S. trade policy plays a significant role in shaping the pharmaceutical industry at home and abroad and is in part responsible for some of the current vulnerabilities of the U.S. drug supply chain.

scholarly journals An Analysis of Interaction Effects of China–South Korea and China– Australia FTAs and the Expanding TPP

2016 ◽  
Vol 62 (4) ◽  
pp. 12-22
Author(s):  
Sun Yuhong ◽  
Mu Yifei ◽  
Jun Yang
Keyword(s):  
South Korea ◽  
Foreign Trade ◽  
Trade Policy ◽  
Free Trade ◽  
Computable General Equilibrium ◽  
Computable General Equilibrium Model ◽  
Economic Welfare ◽  
Positive Effects ◽  
Negative Effect ◽  
The U.S

Abstract On 5 October 2015, the Trans-Pacific Partnership Agreement (TPP) led by the U.S. was signed. Already, 12 countries1 have joined the agreement, but China has not. Thus, lots of research has focused on the negative effect of the TPP on China’s foreign trade. On the other hand, China is moving forward in its own efforts to establish bilateral free trade agreements (FTAs) and free trade zones. In June 2015, China-South Korea and China-Australia signed bilateral FTAs which went into effect in December 2015. Several questions were raised: Since South Korea and Australia are the major trade partners in the Pacific area and the bilateral FTAs will be effective before the TPP, will these FTAs’ positive effects on China’s foreign trade offset some of the negative effects of the TPP? If China and the U.S. adopted a competitive trade policy, which countries would benefit? If China and the U.S. adopted a cooperative trade policy, how would the trade value and economic welfare change? This paper simulates and analyses the mutual effects of China-South Korea and China-Australia FTAs and the enlarging TPP using the computable general equilibrium model. The major conclusions drawn suggest that China-South Korea and China-Australia FTAs will significantly offset the TPP’s negative effect on China’s foreign trade. If China is not included, the U.S. economic benefit from the TPP will be limited. The economic welfare for a country like Australia, which joined both the bilateral FTA and the TPP, will be increased the most. In the long run, China joining the TPP would be the most beneficial decision for its national interest. However, if the TPP cannot be approved by the US congress, the U.S.’s economic indicators and export would be decreasing sharply. China’s economy and export will benefit from FTAs.

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