Did US safeguards resuscitate Harley-Davidson in the 1980s?

• 成果类型: Article
• 署名作者: Kitano, Taiju; Ohashi, Hiroshi
• 署名单位: University of Tokyo
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/j.jinteco.2009.07.006
• 发表日期: 2009
• 页码: 186-197
• 关键词: Safeguard; Tariff; Random coefficient discrete choice model; Motorcycles

摘要

This paper examines US safeguards applied to the motorcycle market in the 1980s. After receiving temporary protection by means of a maximum tariff of over 45%, Harley-Davidson sales recovered dramatically. Simulations, based on structural demand and supply estimates, indicate that while safeguard tariffs did benefit Harley-Davidson, they only account for a fraction of its increased sales. This is primarily because consumers perceived that Harley-Davidson and Japanese large motorcycles were poorly matched substitutes for each other. Our results provide little evidence that safeguard provisions triggered restructuring in Harley-Davidson. (C) 2009 Elsevier B.V. All rights reserved.