The Dynamic Response to Trade Policy: Evidence from the U.S. Textile and Clothing Industries PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The Dynamic Response to Trade Policy: Evidence from the U.S. Textile and Clothing Industries PDF full book. Access full book title The Dynamic Response to Trade Policy: Evidence from the U.S. Textile and Clothing Industries by Lucas Threinen. Download full books in PDF and EPUB format.
Author: Lucas Threinen Publisher: ISBN: 9781267610881 Category : Languages : en Pages : 85
Book Description
I study the behavior of textile and clothing makers in the U.S. as they were exposed to a large, anticipated increase in foreign competition through the removal of import quotas. I find a strong decline in capital investment in the industries that are likely to be the most vulnerable to such competition. The decline appears just after announcement of the policy, which is as many as nine years before the scheduled liberalization date. I present models of optimal industry investment in the presence of capital adjustment costs, and I establish their predictions regarding these industries when trade liberalization is to be introduced. Using industry panel data, I examine developments in the output and capital markets for these industries, and I find that they are broadly consistent with the models' predictions. A simulation using plausible parameter values produces a path for investment that closely matches the observed path. These findings suggest that capital adjustment costs played a central role in driving the dynamics that were precipitated by this episode of trade liberalization. Using plant-level data from the U.S. Census, I find that reductions in both the number of plants and in investment per plant played important roles in the decline. Investment per plant declined more for older plants, while plant counts fell more among younger plants. Plants that exported had somewhat higher survival chances, while the opposite was true of plants that were members of multi-plant firms. However, the decline in survival was still fairly uniform across these and a variety of other plant characteristics.
Author: Lucas Threinen Publisher: ISBN: 9781267610881 Category : Languages : en Pages : 85
Book Description
I study the behavior of textile and clothing makers in the U.S. as they were exposed to a large, anticipated increase in foreign competition through the removal of import quotas. I find a strong decline in capital investment in the industries that are likely to be the most vulnerable to such competition. The decline appears just after announcement of the policy, which is as many as nine years before the scheduled liberalization date. I present models of optimal industry investment in the presence of capital adjustment costs, and I establish their predictions regarding these industries when trade liberalization is to be introduced. Using industry panel data, I examine developments in the output and capital markets for these industries, and I find that they are broadly consistent with the models' predictions. A simulation using plausible parameter values produces a path for investment that closely matches the observed path. These findings suggest that capital adjustment costs played a central role in driving the dynamics that were precipitated by this episode of trade liberalization. Using plant-level data from the U.S. Census, I find that reductions in both the number of plants and in investment per plant played important roles in the decline. Investment per plant declined more for older plants, while plant counts fell more among younger plants. Plants that exported had somewhat higher survival chances, while the opposite was true of plants that were members of multi-plant firms. However, the decline in survival was still fairly uniform across these and a variety of other plant characteristics.
Author: Ellen Israel Rosen Publisher: Univ of California Press ISBN: 0520233379 Category : Business & Economics Languages : en Pages : 350
Book Description
"Making Sweatshops reveals the inexorable movement towards an open trading system, the shifting alignments of actors pushing for or opposing openness, and, most centrally, how trade policy promotes the globalization of apparel production, filling a gap in our understanding of these dynamics."—Richard P. Appelbaum, coauthor of Behind the Label: Inequality in the Los Angeles Apparel Industry "A detailed examination of the role that trade policy plays in the process of globalization. Rosen provides a meticulous historical analysis of the textile/apparel industry, one of the world's most globalized industries and one of its most hot-button issues."—Stephen Cullenberg, coauthor of Transition and Development in India "Rosen shows how politics have always shaped the trade agenda from beginning to end, and she presents a most compelling case that if trade and the global economy are to foster justice and equality for the people of our world, we will need to rewrite the existing rules of global trade."—Charles Kernaghan, director of the National Labor Committee "This book delves deep into the industry's trade journals, congressional testimony, newspaper accounts, and economic and political scholarship of the last fifty-five years to tell the story of U.S. trade policy and the decline of labor standards in the apparel industry. This patient and voluminous examination systematically reveals, for the first time, how the U.S. sacrificed its apparel workers on the altar, first of the anti-Communist crusade, and then of free trade ideology."—Robert J.S. Ross, PhD, Professor of Sociology and Director, International Studies Stream, Clark University "Making Sweatshops is, in part, a history of the apparel and textile industries in the U.S. and the world. But it is much more than that. It is also about power and globalization. Rosen explains how the former shapes the latter, and how workers around the world suffer because of it. Activists, policy makers, consumers--anyone interested in understanding why sweatshops exist--should read this book."—Bruce Raynor, President, Union of Needletrades, Industrial and Textile Employees (Unite) "Rosen convincingly demonstrates that it is the transnational corporations rather than the consumers, and certainly rather than the workers, who benefit from trade liberalization, whose rules the lobbyists for these very coporations more or less write for supine politicians. This is a book in the great tradition of solid scholarship allied with deep commitment to the cause of global economic justice."—Leslie Sklair, author of Globalization: Capitalism and its Alternatives
Author: United States. Congress. Senate. Committee on Finance. Subcommittee on International Trade Publisher: ISBN: Category : Clothing trade Languages : en Pages : 680
Author: United States. Congress. Senate. Committee on Foreign Relations. Subcommittee on International Economic Policy Publisher: ISBN: Category : Clothing trade Languages : en Pages : 166
Author: Umair Hafeez Ghori Publisher: Kluwer Law International B.V. ISBN: 9041142010 Category : Law Languages : en Pages : 408
Book Description
The author presents substantial case studies of the effect of the abolition of quotas on global trade in this sector. Concentrating mainly on China and Pakistan but also examining India, Indonesia, Vietnam, and seven other Asian T&C manufacturing countries, he contrasts post-abolition reality with pre-abolition predictions of the impact of abolishing quotas, and details the continuing distortion caused by tariffs, non-tariff barriers and through trade remedies such as safeguards and anti-dumping. All of the analysis is supported by the judicious use and interpretation of extensive statistics, compelling arguments, and interviews with entrepreneurs and trade officials in Pakistan (as a case study of a country predicted to be a major beneficiary of quota expiry).
Author: Publisher: ISBN: Category : Clothing factories Languages : en Pages : 130
Book Description
This report describes the plight of America's textile industries threatened by imports from countries paying lower wages to workers. S/N 052-003-01064-0: $7.50.
Author: Ellen Rosen Publisher: Univ of California Press ISBN: 0520928571 Category : Political Science Languages : en Pages : 350
Book Description
The only comprehensive historical analysis of the globalization of the U.S. apparel industry, this book focuses on the reemergence of sweatshops in the United States and the growth of new ones abroad. Ellen Israel Rosen, who has spent more than a decade investigating the problems of America's domestic apparel workers, now probes the shifts in trade policy and global economics that have spawned momentous changes in the international apparel and textile trade. Making Sweatshops asks whether the process of globalization can be promoted in ways that blend industrialization and economic development in both poor and rich countries with concerns for social and economic justice—especially for the women who toil in the industry's low-wage sites around the world. Rosen looks closely at the role trade policy has played in globalization in this industry. She traces the history of current policies toward the textile and apparel trade to cold war politics and the reconstruction of the Pacific Rim economies after World War II. Her narrative takes us through the rise of protectionism and the subsequent dismantling of trade protection during the Reagan era to the passage of NAFTA and the continued push for trade accords through the WTO. Going beyond purely economic factors, this valuable study elaborates the full historical and political context in which the globalization of textiles and apparel has taken place. Rosen takes a critical look at the promises of prosperity, both in the U.S. and in developing countries, made by advocates for the global expansion of these industries. She offers evidence to suggest that this process may inevitably create new and more extreme forms of poverty.
Author: United States. Congress. House. Committee on Ways and Means. Subcommittee on Trade Publisher: ISBN: Category : Clothing trade Languages : en Pages : 856
Author: Lucas Threinen
Author: Lucas Threinen
Author: Ellen Israel Rosen
Author: United States. Congress. Senate. Committee on Finance. Subcommittee on International Trade
Author: United States. Congress. Senate. Committee on Foreign Relations. Subcommittee on International Economic Policy
Author: Umair Hafeez Ghori
Author: 
Author: Ellen Rosen
Author: National Research Council
Author: United States. Congress. House. Committee on Ways and Means. Subcommittee on Trade
Author: H. Richard Friman