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Sizing up U. S. export disincentives Book

Sizing up U. S. export disincentives
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  • Sizing up U. S. export disincentives
  • Written by author J.David Richardson
  • Published by Washington, DC : Institute for International Economics, 1993., 1993/12/16
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Preface
Acknowledgements
Overview and Summary 1
Overview 1
Background 5
Contents 6
1 Exports and American Competitiveness 11
Data Profile 12
Why Are Exports Important? 19
So Are Some Export Patterns Better Than Others? 24
Are Sales from Overseas Affiliates Just as Good? 25
Important Caveats and Distinctions 28
2 Characterizing US Export Disincentives: The Issues 31
Definitions and Taxonomy 31
Archetypical US XDs 33
Further Distinctions 41
Summing Up XDs: Additionality and Avoidability 47
Additionality and Offsets: Some Illustrations 50
3 The Commentators' Catalog of US Export Disincentives 55
Consensus XDs 56
Controversial XDs 59
Neglected XDs 63
4 Estimates and Issues from Numerical Approaches 69
Numerical Estimates from Previous Studies 70
Generic Order-of-Magnitude Estimates from Numerical Simulations 71
A Notoriously Inscrutable Illustration: Officially Supported Export Credits 86
Avoidability, Additionality, and the Numerical Approaches 90
5 Estimates and Issues from Econometric Approaches 91
The Approaches in General and Antecedents 91
Approach No. 1: Demand-Constricting XDs and US Export Variation across Trading Partners 92
Approach No. 2: Cost-Inflicting XDs across 50 States 106
Avoidability, Additionality, and the Econometric Approaches 119
Summing Up the Sizing-Up Calculations 120
6 Sizing Up the Export Disincentives Enterprise and the Policy Options 125
The Size and Range of US Export Disincentives 126
Policy Implications 132
Was the Enterprise Worthwhile? 137
Appendix A "Calibration Counterfactual": Approaches to Simulating Export Disincentives Numerically 139
Appendix B Gravity Models of Export Variation Across Trading Partners 147
Appendix C Generalized Factor Endowments Models of Export Variation Across Trading Regions 151
References 163
Index 175


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