Jim Whitney | Economics 131 |
Product | First
relief year |
Imports
($ mill) |
Import
share (percent) |
Tariff or
equivalent (percent) |
Induced
import decrease (percent) |
Cost of constraints
to consumers |
Welfare
cost ($ mill) |
|
Total
($ mill) |
Per job
($1,000) |
|||||||
Tariffs | ||||||||
Ball bearings | 1930 | $ 485 | 26% | 11% | 11% | $ 64 | $ 438 | $ 1 |
Benzenoid chemicals | 1922 | 2,057 | 12 | 9 | 69 | 309 | 1,000+ | 10 |
Canned tuna | 1951 | 339 | 27 | 12 | 40 | 73 | 187 | 10 |
Ceramic articles | 1930 | 819 | 69 | 11 | 29 | 102 | 244 | 2 |
Ceramic tiles | 1930 | 575 | 47 | 19 | 20 | 139 | 401 | 2 |
Costume jewelry | 1930 | 621 | 30 | 9 | 55 | 103 | 97 | 5 |
Frozen conc'd OJ | 1930 | 809 | 41 | 30 | 70 | 281 | 461 | 35 |
Glassware | 1922 | 949 | 20 | 11 | 62 | 266 | 180 | 9 |
Luggage | 1930 | 1,202 | 53 | 16 | 76 | 211 | 934 | 26 |
Polyethylene resins | 1930 | 571 | 7 | 12 | 77 | 176 | 591 | 20 |
Rubber footwear | 1930 | 843 | 59 | 20 | 54 | 208 | 122 | 12 |
Softwood lumber | 1987 | 2,916 | 25 | 6 | 78 | 459 | 759 | 12 |
Women's footwear,
excluding athletic |
1930 | 3,245 | 71 | 10 | 68 | 376 | 102 | 11 |
Women's handbags | 1930 | 1,003 | 69 | 14 | 66 | 148 | 191 | 13 |
Quotas | ||||||||
Dairy products | 1953 | 520 | 2 | 50 | 81 | 1,184 | 498 | 104 |
Peanuts | 1953 | 1 | <1 | 50 | 47 | 54 | 136 | 22 |
Sugar | 1934 | 992 | 25 | 66 | 85 | 1,357 | 600 | 581 |
Maritime | 1789 | 1,227 | 16 | 85 | 93 | 1,832 | 415 | 556 |
Voluntary export restraints | ||||||||
Apparel | 1957 | 21,300 | 31 | 48 | 99 | 21,158 | 139 | 7,712 |
Textiles | 1957 | 7,079 | 10 | 23 | 94 | 3,274 | 202 | 894 |
Machine tools | 1987 | 1,006 | 46 | 47 | 60 | 542 | 348 | 385 |
Total/average: | $54,901 | 21% | 35% | 61% | $32,316 | $168 | $10,422 | |
Other cases | ||||||||
Semiconductors | 1989 | 4,185 | 55 | 25 | 25 | 1,231 | 526 | 974 |
Carbon steel | 1993 | 2,634 | 13 | 14 | 27 | 1,035 | 835 | 59 |
Autos | 1981 | 31,723 | 27 | 4 | 6 | 1,741 | 1,000+ | 1,280 |
Minivans, SUVs | 3,577 | 14 | 25 | 25 | 987 | 1,000+ | 110 |