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CIS Microfiche Library 1970-2002 (CIS Asia Pacific Collection)
CIS NO: 80-S241-32
TITLE: Effect of Expanding Japanese Automobile Imports on the Domestic
Economy.
SOURCE: Committee on Banking, Housing, and Urban Affairs. Senate
DOC TYPE: Hearing COLLATION: iv+114 p. il.
DATE: Apr. 3, 1980
CONGRESS-SESSION: 96-2 SUDOC: Y4.B22/3:Au8/2
ITEM NO: 1035
LC CARD NO: 80-602726 MC ENTRY NO: 80-22706
Hearing before the Subcom on Economic Stabilization to review effects of
Japanese auto imports on the U.S. economy and receive projections for future
U.S. auto industry growth and stabilization.
CONTENT NOTATION: Japanese auto imports impact on US economy
DESCRIPTORS (and special content notations): SUBCOM ON ECONOMIC
STABILIZATION. SENATE; FOREIGN.TRADE; JAPAN (Auto exports, US economy
impact); AUTOMOBILES AND AUTOMOBILE INDUSTRY
80-S241-32 TESTIMONY NO: 1 Apr. 3, 1980 p. 4-96
WITNESSES (and witness notations):
HORMATS, ROBERT D. (Dep US Trade Rep)
EADS, GEORGE C. (Member, Council of Economic Advisers)
STATEMENTS: Problems of unemployment and low sales in U.S. auto industry
(graphs, p. 22-32); expectations for U.S. auto industry to produce
smaller, energy-efficient cars; opposition to proposed U.S. restrictions
on imports of Japanese autos; anticipated detrimental impact of proposed
auto import restrictions on U.S. economy (table, p. 34). (p. 4-37)
DISCUSSION: Elaboration on import restrictions economic impact, including
inflation and unemployment; assessment of U.S. auto industry ability to
penetrate Japanese market; reasons for Japanese reluctance to invest in
U.S. (p. 37-96)
INSERTIONS: Japanese auto sales and import data for selected countries
1973-79, Office of the Spec Rep for Trade Negotiations, tables (p.
39-47).
"CEA Calculations of the Impact on the Economy of a Japanese
Automobile Import Restraint," Council of Economic Advisers, rpt, May 6,
1980 (p. 75-87).
CONTENT NOTATION: Japanese auto imports impact on US economy
DESCRIPTORS (and special content notations): OFFICE OF THE U.S. TRADE
REPRESENTATIVE; FOREIGN.TRADE.PROMOTION (US auto industry penetration
of Japanese market); IMPORT RESTRICTIONS; COUNCIL OF ECONOMIC
ADVISERS; INFLATION; UNEMPLOYMENT
80-S241-32 TESTIMONY NO: 2 Apr. 3, 1980 p. 96-114
WITNESSES (and witness notations):
ABERNATHY, WILLIAM J. (prof, Business School, Harvard Univ)
STATEMENT AND DISCUSSION: Factors precipitating projected decrease in U.S.
new auto sales; effects of Japanese import penetration on U.S.
unemployment and labor productivity; need for industrial revitalization
policy to replace lost auto industry jobs through industry technology
transfer.
CONTENT NOTATION: Japanese auto imports impact on US economy
DESCRIPTORS: UNEMPLOYMENT; LABOR PRODUCTIVITY; TECHNOLOGY TRANSFER
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