As anti-globalization and geopolitical tensions continue to rise, the use of local content requirements (LCRs) around the world has become more noticeable than ever before.

The reasons for adopting LCRs range from ensuring domestic supply availability, job creation, and increasing value added to safeguarding national security. Ing and Grossman examine country-specific as well as firm-product level exercises to explain how LCRs reduce fair competition, resulting in lower trade and productivity, which ultimately lowers world economic output and overall human welfare. Countries around the world are investigated with specific attention to the US, China, Indonesia, and resource-intensive countries, including mining-intensive ones. The book also presents product- and firm-level analyses, answering the question of why countries adopted LCRs and how LCRs actually affect the world economy.

This book is a useful resource that will interest policymakers, researchers, and advanced undergraduates interested in international trade, industrial policy, political economy, labour economics, and development economics.

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Yes, you can access Local Content Requirements by Lili Yan Ing, Gene Grossman, Lili Yan Ing,Gene Grossman in PDF and/or ePUB format, as well as other popular books in Economics & Economic Theory. We have over one million books available in our catalogue for you to explore.

Information

Publisher

Routledge

Year

2023

ISBN

9781003806936

Edition

Topic

Economics

Subtopic

Economic Theory

Index

Economics

Cover
Half Title
Series
Title
Copyright
Dedication
Contents
List of figures
List of tables
List of contributors
Acknowledgements
1 Introduction
2 Localization measures: a global perspective
3 Local content policies in the mining sector
4 The unintended consequences of high regional content requirements
5 LCR Policies in China and their impacts on domestic value added in exports
6 Conformity of Indonesia’s LCRs with its trade and investment commitments
7 The effects of local content requirements on trade: the case of Indonesia
8 Quantifying the impacts of local content requirements: an analysis on Indonesia
Index