Title The Economics of Export Embargoes : the Case of the US-Soviet Grain Suspension / Per Lundborg

Edition First edition Published London : Taylor and Francis, 2017

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Description 1 online resource : text file, PDF Series Routledge Library Editions: International Trade Policy ; 9 Routledge Library Editions: International Trade Policy ; Volume 9 Contents Cover -- Half Title Page -- Title Page -- Copyright Page -- Original Title Page -- Original Copyright Page -- Contents -- List of Figures -- List of Tables -- Preface -- 1 Background to Export Embargoes -- 1.1 Introduction -- 1.2 Purpose, Limitations and Plan -- 1.3 Main Findings -- 1.4 Definitions -- 1.5 The History of Export Embargoes -- 1.5 .1 Examples -- Notes -- 2 Economics of the Export Embargo -- 2.1 Export Embargoes and Voluntary Export Restraints -- 2.2 Embargoes and Rents -- 2.3 Embargo Policy for a Homogeneous Commodity 2.4 Embargo Policy in the Presence of Substitutes2.5 Models of Embargo Threats and Stockpile Management -- Notes -- 3 The US Grain Embargo: A Description and Short-term Evaluation -- 3.1 Background -- 3.2 The Rationale of the Embargo -- 3.2.1 The economic situation in the USSR -- 3.2.2 The situation in the USA -- 3.3 Implementation of the Grain Embargo -- 3.4 Effects within the USSR -- 3.5 Short-term Analysis -- Notes -- Appendix A Data for the Short-term Model -- Notes -- Appendix B Eastern Bloc Grain Trade Flows 4 Intertemporal Analysis of the Grain Embargo4.1 Introduction -- 4.2 Global General Equilibrium Model -- 4.3 The General Form of the Model -- 4.4 Implementation of the Model -- 4.5 Simulations -- 4. 5 .1 Farmers' expectations -- 4.5.2 Stock policies -- 4.6 Results -- 4.6.1 Effect of the embargo -- 4.6.2 Effect of expectations -- 4.6.3 Effect of storage policies -- 4.6.4 Effect of sustained embargo -- 4. 7 Conclusions -- Notes -- AppendixC -- C.1 The Specified form of the Model -- C.2 Data for the Model -- C.2.1 Data for production C.2.2 Input-output coefficientsC. 2.3 Initial factor endowments -- C.2.4 Growth rate of labour -- C.2.5 Data for ownership of means of production -- C.2.6 Savings -- C.2.7 Depreciation rates -- C.2.8 Investment function constants -- C.2.9 Data for demand side of model -- C.2.10 Price and income elasticities -- Notes -- Appendix D -- References Summary "Export embargoes are imposed in the belief that enough economic damage will be inflicted on the target country to make it change course on some key political point. However, export embargoes also have economic consequences for producers in the country which imposes the embargo and for producers in third party countries. This book, first published in 1987, analyses the economic effects of export embargoes. It presents much general analysis on the topic and goes on, making use of a model, to examine in detail the 1980 US embargo on grain sales to the Soviet Union. Among the book's findings is the importance of expectations concerning how long the embargo will last in determining both the success of the embargo and the impact on produces in the country imposing the embargo."--Provided by publisher Subject Grain trade -- United States -- Econometric models Grain trade -- Soviet Union -- Econometric models Embargo -- Economic aspects -- United States -- Econometric models Economic sanctions, American -- Soviet Union -- Econometric models BUSINESS & ECONOMICS -- Exports & Imports. BUSINESS & ECONOMICS -- International -- General. BUSINESS & ECONOMICS -- International -- Marketing. POLITICAL SCIENCE -- International Relations -- Trade & Tariffs. Economic sanctions, American -- Econometric models Grain trade -- Econometric models Soviet Union United States Form Electronic book ISBN 9781315101354 1315101351

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