Carwars: Trying to Make Sense of U.S.-Japan Trade Frictions in the Automobile and Automobile Parts Markets
In: The Effects of U.S. Trade Protection and Promotion Policies
The story line a recent trade frictions between the U.S. and Japan in the auto market goes as follow. Initially, there was not much trade Japanese cars were made in Japan with mostly Japanese parts and the same was mostly true of North American cars.
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- Pakes, Ariel S, 1986.
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- Ariel Pakes, 1984. "Patents as Options: Some Estimates of the Value of Holding European Patent Stocks," NBER Working Papers 1340, National Bureau of Economic Research, Inc.
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- Berry, Steven & Levinsohn, James & Pakes, Ariel, 1995. "Automobile Prices in Market Equilibrium," Econometrica, Econometric Society, vol. 63(4), pages 841-890, July.
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