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Trade Warriors

Trade Warriors
States, Firms, and Strategic-Trade Policy in High-Technology Competition

$30.99 (P)

  • Date Published: February 2001
  • availability: Available
  • format: Paperback
  • isbn: 9780521799386

$ 30.99 (P)

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About the Authors
  • In such areas as civil aircraft, semiconductors, high definition television, robotics, and superconductors, states are subsidizing their national champions and competing for market share in the "industries of tomorrow." This book explains why states intervene and (or) retaliate in some high technology industries, but not in others, and how these commercial rivalries are likely to unfold. Dr. Busch argues that states subsidize national champions in industries promising externalities for domestic industries, spend more on subsidies where these benefits do not escape national borders, and are more likely to bring these commercial rivalries back from the brink of a trade war where these subsidies leave both states worse off.

    • Offers a fresh perspective on government-business relations, and the political economy of protections
    • Gives students a chance to see accessible game theoretic models applied to detailed empirical case studies
    • Develops an original argument about the importance of linkage and spillover externalities in government decisions of strategic trade policy
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    Reviews & endorsements

    "Marc Busch has written an excellent book. Trade Warriors is essential reading for anyone interested in the scholarly and policy debates over strategic trade and industrial policy. It breaks new ground in our understanding of the role played by the state in competition at the frontier of advanced technology." Michael Mastanduno, Dartmouth College

    "This book successfully integrates game theory and industrial economics with a series of case studies to illuminate the dynamics of state support for high-technology firms and sectors. Its explanation for the circumstances in which governments pursue particular strategies makes an important theoretical contribution to the literature on strategic trade policy." David Vogel, University of California, Berkeley

    "Trade Warriors is an important and original extension of the great debate over strategic trade. Marc Busch challenges liberal and statist orthodoxies. This well reasoned and carefully researched book will force a fundamental reappraisal of Krugman, Tyson, Grossman, and Reich." Kenneth Oye, MIT

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    Product details

    • Date Published: February 2001
    • format: Paperback
    • isbn: 9780521799386
    • length: 224 pages
    • dimensions: 229 x 154 x 14 mm
    • weight: 0.314kg
    • availability: Available
  • Table of Contents

    1. Introduction
    2. The argument
    3. The Civil Aircraft rivalry
    4. The semiconductor rivalry
    5. The high definition television rivalry
    6. Robotics, superconductors and wheat
    7. Conclusion.

  • Author

    Marc L. Busch, Queen's University, Ontario

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