TY  - BOOK
AU  - Berry,Steven
AU  - Levinsohn,James
AU  - Pakes,Ariel
ED  - National Bureau of Economic Research.
TI  - Voluntary Export Restraints on Automobiles: Evaluating a Strategic TradePolicy 
T2  - NBER working paper series
PY  - 1995///
CY  - Cambridge, Mass.
PB  - National Bureau of Economic Research
N1  - August 1995; Hardcopy version available to institutional subscribers
N2  - In May, 1981, a voluntary export restraint (VER) was placed on exports of automobiles from Japan to the United States.  As trade policies go, this one was important.  At about the same time, though to much less fanfare, international trade theorists were obtaining (then) startling results from models of international trade in imperfectly competitive markets.  These models suggested that in imperfectly competitive markets, an activist trade policy might enhance national welfare.  In this paper, we provide some empirical evidence on whether these new theoretical possibilities might actually apply to the policy of VERs
UR  - https://www.nber.org/papers/w5235
UR  - http://dx.doi.org/10.3386/w5235
ER  -