American Economic Review · 1999 · 325 citations · 21 references
BusinessBusiness EconomicsEconomicsInternational EconomicsInternational TradeInternational Trade PolicyExport PricingExport RegulationsImport RegulationTariff RegulationTrade RegulationConsumer Welfare ImpactsExport TariffsTariff Incidence On FirmsTariff Revenue PolicyTrade RestraintsVoluntary Export Restraints
We evaluate the voluntary export restraint (VER) that was initially placed on exports of automobiles from Japan in 1981. We evaluate the impact this policy had on U.S. consumer welfare, firm profits, and forgone tariff revenue from its initiation through 1990. (JEL F13)
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Large Sample Properties of Generalized Method of Moments Estimators
Lars Peter Hansen · Econometrica · 1982 · 13.9K citations