US-Japan Trade Friction and its Dilemmas for US policy

Foreign Lobbies and US Trade Policy∗

In popular discussion much has been made recently of the susceptibility of government policies to lobbying by foreigners. The general presumption has also been that such interactions have a deleterious effect on the home economy. However, it can be argued that, in a trade policy context, bending policy in a direction that would suit foreigners may not in fact be harmful: If the policy outcome a...

Human Rights in US Foreign Policy

Have US-Japan Trade Agreements Made a Difference?

The few existing empirical studies of U.S.-Japan trade agreements have relied primarily on descriptive statistics or univariate time series methods. We conduct a more powerful test by evaluating agreements in the context of well-specified econometric models. Consistent with trade theory, import demand is modeled as a cointegrating relationship with income and relative price variables, where a t...

Nber Working Paper Series Foreign Lobbies and Us Trade Policy

In popular discussion much has been made recently of the susceptibility of government policies to lobbying by foreigners. The general presumption has also been that such interactions have a deleterious effect on the home economy. However, it can be argued that, in a trade policy context, bending policy in a direction that would suit foreigners may not in fact be harmful: If the policy outcome a...

Impact of US Energy Policy on Crude Oil Prices

The price of Iranian crude oil in different markets depends on the price of US crude oil. In recent months, the oil and gas industry and the sale of Iranian crude oil and the co-operation and investments of oil companies operating in the field of oil field development have halted. Therefore, examining the effects of US government policies on the oil market is very effective. The most important ...