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Tariffs and Steel: The US Safeguard Actions

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  • Greenville, Jared W.
  • MacAulay, T. Gordon
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    Abstract

    This paper presents a multi-product price linked spatial equilibrium model of world steel trade. The model is used to analyse the impacts of the safeguard trade barriers brought about by the United States in order to protect their domestic industry from so called unfair competition. Emphasis is placed on the likely effect to the Australian industry and possible policy responses available to the industry. A case study is made on Australia's three largest export products, namely slab, hot-rolled and cold-rolled steel, which share some substitutability in supply and demand due to the nature of the industry.

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    File URL: http://purl.umn.edu/58452
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    Bibliographic Info

    Paper provided by Australian Agricultural and Resource Economics Society in its series 2004 Conference (48th), February 11-13, 2004, Melbourne, Australia with number 58452.

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    Date of creation: Feb 2004
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    Handle: RePEc:ags:aare04:58452

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    Related research

    Keywords: trade; spatial equilibrium model; steel; International Relations/Trade;

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    1. Crandall, Robert W., 1996. "From competitiveness to competition : The threat of minimills to large national steel companies," Resources Policy, Elsevier, vol. 22(1-2), pages 107-118.
    2. Anderson, Kym, 1978. "On Why Rates Of Assistance Differ Between Australia'S Rural Industries," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 22(02-03).
    3. Stephen Morris & Stephen Coate, 1999. "Policy Persistence," American Economic Review, American Economic Association, vol. 89(5), pages 1327-1336, December.
    4. Jondrow, James M & Chase, David E & Gamble, Christopher L, 1982. "The Price Differential between Domestic and Imported Steel," The Journal of Business, University of Chicago Press, vol. 55(3), pages 383-99, July.
    5. Batterham, Robert L. & MacAulay, T. Gordon, 1994. "Price-Linked Farm And Spatial Equilibrium Models," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 38(02), August.
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