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Tweet[IWS] USITC: TRADE, INVESTMENT, AND INDUSTRIAL POLICIES IN INDIA: EFFECTS ON THE U.S. ECONOMY [22 December 2014]
IWS Documented News Service
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Institute for Workplace Studies-----------------Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor--------------------Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
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United States International Trade Commission (USITC)
Publication Number: 4501
Investigation Number: 332-543
TRADE, INVESTMENT, AND INDUSTRIAL POLICIES IN INDIA: EFFECTS ON THE U.S. ECONOMY [22 December 2014]
http://www.usitc.gov/publications/332/pub4501.pdf
[full-text, 465 pages]
This report examines trade, investment, and industrial policies in India that restrict U.S. exports and investment, and estimates the effects these policies have on U.S. companies, U.S. workers, and the U.S. economy.
Survey Findings
· The share of U.S. companies substantially adversely affected by restrictive Indian policies rose from 18.8 to 26.1 percent
between 2007 and 2013. Shares for individual sectors in 2013 ranged from 7.7 to 44.1percent.1
· Over 60 percent of those companies have made strategic changes in response to these barriers, most often directing
fewer resources to the Indian market.
· Policies in two areas—tariffs, and taxes and financial regulations—have the heaviest effects on U.S. companies.
Other issues, including FDI and IP policies, have large negativeeffects on specific industries.
Model Results
· If tariff and investment restrictions were fully eliminated and standards of IP protection were made comparable to U.S.
and Western European levels, U.S. exports to India would rise by twothirds, and U.S. investment in India would roughly double.
Press Release 22 December 2014
U.S. Exports to and Investment in India Would be Significantly Higher Without Barriers, Says USITC
http://www.usitc.gov/press_room/news_release/2014/er1222ll254.htm
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