Commercial Policy and the Domestic Carrying Trade

Joseph Francois, Joseph Flynn, Kenneth Reinert, Hugh Arce

Research output: Contribution to journalArticlepeer-review

Abstract

In this paper, the authors examine the economic consequences of existing U.S. restrictions on trade in domestic water transportation (cabotage) services. They briefly trace the history of U.S. policy on cabotage. The authors also use an applied general equilibrium model of the United States to analyze the effects of the Jones Act on welfare and on production, trade, and employment in important upstream and downstream sectors. The economic effects of U.S. maritime policies rank them with U.S. trade policies like the MFA, the automobile and steel quotas of the mid-1980s, and agricultural import restraints. Coauthors are Hugh M. Arce, Kenneth A. Reinert, and Joseph E. Flynn.
Original languageEnglish
Pages (from-to)181-198
JournalCanadian Journal of Economics
Volume29
DOIs
Publication statusPublished - Jan 1996

Fields of science

  • 405002 Agricultural economics
  • 502 Economics
  • 502001 Labour market policy
  • 502002 Labour economics
  • 502003 Foreign trade
  • 502009 Corporate finance
  • 502010 Public finance
  • 502012 Industrial management
  • 502013 Industrial economics
  • 502018 Macroeconomics
  • 502020 Market research
  • 502021 Microeconomics
  • 502025 Econometrics
  • 502027 Political economy
  • 502039 Structural policy
  • 502042 Environmental economics
  • 502046 Economic policy
  • 502047 Economic theory
  • 504014 Gender studies
  • 506004 European integration
  • 507016 Regional economy
  • 303010 Health economics

Cite this