Format:
1 Online-Ressource (xiii, 184 pages)
,
illustrations
ISBN:
9780815719717
,
081571971X
Content:
This book examines the current difficulties facing the U.S. steel industry and policy options to tackle them
Note:
Includes bibliographical references and index
,
Cover -- Contents -- Introduction -- The Trade Policy Crisis -- A Chronic Problem -- The Plan of the Book -- 1. An Overview of the U.S. Steel Industry -- Steel Production Technology -- The Size Distribution of Integrated Firms -- The Smaller Nonintegrated U.S. Companies -- The Growth in the U.S. Steel Market -- 2. The Origins of the Steel Problem -- The Post-World War II Adjustment -- The Painful 1960s -- The Industry's Financial Performance -- Price Behavior since the 1950s -- Employment and the Problem of Labor Intensity -- The Increase in Labor Rates -- The Burden of Regulation
,
Trade Policy and the Crisis of 1977 -- Summary -- 3. A Model of Pricing and Market Shares -- The Setting -- The Model of Prices and Import Penetration -- The Empirical Model -- The Empirical Results -- Summary: The Relevance of the Results -- 4. The Economics of Expansion for Basic Carbon Steel -- The Cost of Building Capacity in the United States -- International Comparisons of Capital Costs -- An Operating Profile of Greenfield Facilities -- Modernization of U.S. Mills -- International Comparisons of Greenfield Operating Costs -- Conclusion -- 5. U.S. Trade Policy for Steel
,
Arguments for Trade Protection -- The Effect of Trade Protection for Steel since 1969 -- Summary -- 6. Alternative Government Policies for Maintaining U.S. Self-Sufficiency -- How Much Capacity? -- Stimulating New-Plant Investment -- Trade Protection -- Reducing the Cost of Capital -- Inventory Accumulation -- Long-Term Contracts -- Summary -- 7. The Gainers and Losers from U.S. Trade Protection -- Distributional Effects of Trigger Prices -- Effects of Protection Required to Generate New Plant Construction -- Economic Welfare -- Conclusion
,
8. The Future Prospects for the U.S. Industry and U.S. Policy -- U.S. Industry Prospects -- Whither U.S. Trade Protection? -- The OECD Steel Committee-A World Cartel? -- Summary and Conclusions -- Appendixes -- A. Description of Data -- B. Additional Regression Results -- Index -- A -- B -- C -- D -- E -- F -- G -- H -- I -- J -- K -- L -- M -- N -- O -- P -- R -- S -- T -- U -- V -- W -- Y
Additional Edition:
ISBN 081571601X
Additional Edition:
ISBN 9780815716013
Additional Edition:
Erscheint auch als Druck-Ausgabe Crandall, Robert W U.S. steel industry in recurrent crisis Washington, D.C. : Brookings Institution, ©1981
Language:
English
