Subsidies in the U.S. Steel Industry: A New Conceptual Framework and Literature Review

Rugman, Alan M.; Anderson, Andrew D.M.

doi:10.54648/trad1989043

Cited by 2 publications

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“…Substantial empirical evidence in several industries, see, e,g,, Rugman and Anderson (1987), and Anderson and Rugman (1989) suggests that each of the three alternatives may be valid in particular cases and that the latter explanation can certainly not be excluded.…”

Section: Strategic Trade Policy and The Fair Trade Issuementioning

confidence: 99%

Strategic Trade Policy is not Good Strategy

Rugman¹,

Verbeke²

2005

Analysis of Multinational Strategic Management

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The focus of this paper is the process by which strategic trade policy is implemented.Due to an institutional structure under which democratic government is responsive to pressure groups, strategic trade policy may include strong protectionist elements. While the objective of strategic trade policy is to promote new frm-specific advantages for chosen industries, in practice a type of corporate "shelter" results. In terms of the strategic management literature we find that there is a type of "administrative heritage" in government policy making that hinders the implementation of effective strategic trade policy. From the viewpoint of both corporate strategy and public policy, we find that the result is neither efficient nor effective. is a third importing country. This situation calls for a "strategic game" since the actions of one firm wi]1 be strongly influenced by the other frm's moves.

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Section: Strategic Trade Policy and The Fair Trade Issuementioning

confidence: 99%

Strategic Trade Policy is not Good Strategy

Rugman¹,

Verbeke²

2005

Analysis of Multinational Strategic Management

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The Canada-U.S. Free Trade Agreement and Canada's Agri-Food Industries

Rugman

Anderson

1990

Northeast. j. agric. resour. econ.

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The food processing industry is Canada's second-largest manufacturing industry. It employed 226,579 people in 1986, and shipments were valued at CDN $47 billion, or 15 percent of the value of total manufactured output that year. More significantly, the food and beverage industries together ranked highest among all manufacturing industries in terms of value added, at CDN $15 billion or approximately 14 percent of total value added in Canadian manufacturing industries in 1986 (Statistics Canada). Given the high degree of competition in this industry in the United States, the history of “comfortable” competition in the food industry in Canada, and the significant contribution of this industry to the Canadian economy, it becomes important to look more carefully at how this industry has been and will be affected by the Canada-U.S. Free Trade Agreement (FTA).

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Subsidies in the U.S. Steel Industry: A New Conceptual Framework and Literature Review

Cited by 2 publications

References 0 publications

Strategic Trade Policy is not Good Strategy

Strategic Trade Policy is not Good Strategy

The Canada-U.S. Free Trade Agreement and Canada's Agri-Food Industries

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