Short Sighted Solutions: Trade and Energy Policies for the US Auto Industry

Robert E. Scott

Preface. 1. Introduction A: An Alternative Policy Approach: The Stakeholder Model B: Domestic Employment and Oligopoly Behaviour in the U.S. Auto Industry 2. Background and Literature Review A: The Structure of Power in the U. S. Motor Vehicle Indsutry B: Shifiting Patterns of Vehicle Demand and Rising Imports C: The Effects of Trade on Employment 3. The Model A: The Baker and Bresnahan Model B: A Residual Demand Model for the U.S. Auto Industry 4. Data Generation and Historical Analysis A: Macroeconomic Variables B: Auto Output and Price Levels C: Factor Costs D: Output Shares and Prices in the US Automobile Market 5. Model Estimation A: Fuel Economy Regulations B: Estimation C: Resutls D: Firm-level Results E: Summary 6. Simulation and Policy Analysis A: Model Simulation B: Simulation Results C: Total Output and Employment Impacts of the VRAs 7. Public Policy for the Auto Industry A: The VRAs and Transplant Production in the US B: Employment Prospects for the US Auto Industry C: The Impacts of Alternative Policies D: Market Structure and Efficiency E: Summary