Carwars: Trying to Make Sense of U.S.-Japan Trade Frictions in the Automobile and Automobile Parts Markets
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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- Steven Berry & James Levinsohn & Ariel Pakes, 1995.
"Voluntary Export Restraints on Automobiles: Evaluating a Strategic TradePolicy,"
NBER Working Papers
5235, National Bureau of Economic Research, Inc.
- Berry, S. & Linsohn, J. & Pakes, A., 1997. "Voluntary Export Restraints on Automobiles: Evaluating a Strategic Trade Policy," Working Papers 393, Research Seminar in International Economics, University of Michigan.
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