The Public Interest in Metals Policy

REFERENCES

• There is, of course, disagreement on this point. For a different viewpoint, see Robert B. Reich , The Next American Frontier . New York Times Books , 1983 .
   Google Scholar
• For a recent discussion of the national security issue, see Mineral Economics Symposium , a special issue of Materials and Society , Vol. 10 , No. 2 ( 1986 ).
   Google Scholar
• See Robert W. Crandall , The U.S. Steel Industry in Recurrent Crisis , Washington The Brookings Institution , 1981 , for a discussion of the plight of the integrated steel industry .
   Google Scholar
• This may well be the case for the recent decision by Timken to build a new steel bar mill in Canton , Ohio .
   Google Scholar
• Kenneth J. Arrow and Robert C. Lind , “ Uncertainty and the Evaluation of Public Investment Decisions ,” American Economic Review , Vol. 60 , No. 3 , ( June 1970 ), pp. 364 – 78 .
   Web of Science ®Google Scholar
• For the opposite view , see Barry BluestoneBennett Harrison The Deinduslrialization of America Plant Closings, Community Abandonment, and the Dismantling of Basic Industry . New York Basic Books , 1982 . For a view similar to that expressed in this paper , see Richard B. McKenzie, Fugitive Industry. San Francisco Pacific Institute for Policy Research, 1984 .
   Google Scholar
• Robert Z. Lawrence and Robert Litan , Saving Free Trade A Pragmatic Approach . Washington , DC The Brookings Institution , 1986 .
   Google Scholar
• For data on pollution abatementits costs by manufacturing industry , see U.S. Bureau of the Census, Pollution Abatement Costs and Expenditures , Current Industrial Reports, MA-200, annual issues .
   Google Scholar
• Robert W. Crandall , Controlling Industrial Pollution . Washington , DC The Brookings Institution , 1983 , Chapter 3.
   Google Scholar
• Id
   Google Scholar
• Robert W. Crandall and Paul R. Portncy , “ Environmental Policy ,” in Natural Resources and the Environment The Reagan Approach . Washington , DC The Urban Institute , 1984 .
   Google Scholar
• For a recent discussion , see Roderick G, Eggert, “ National Security and Recent Trends in U.S. Mining and Mineral Processing ,” in Mineral Economics Symposium , loc. cit. (fn. 2, supra) .
   Google Scholar
• Id .
   Google Scholar
• Leonard Fischman , World Mineral Trends . Washington , DC Resources for the Future , 1981 .
   Google Scholar
• For a discussion of the appropriate social discount rate, see Robert Lind, Discounting for Time and Risk in Energy Policy . Washington , DC Resources for the Future , 1982 .
   Google Scholar
• National Commission on SuppliesShortages , Government and the Nation's Resources , Washington , 1976 , Chapter 7 .
   Google Scholar
• Barry P. Bosworth and Robert Z. Lawrence , Commodity Prices and the New Inflation . Washington , DC The Brookings Institution , 1982 , Chapters 6 and 7 ,
   Google Scholar
• For a recent analysis of the optimal management of a strategic petroleum reserve (stockpile) , see George MorwichDavid L. Weimer , Oil Price Shocks, Market Response, and Contingency Planning . Washington , DC The American Enterprise Institute , 1984 .
   Google Scholar
• See, for example , the voluminous publications of the American Iron and Steel Institute on trade policy .
   Google Scholar
• Robert W. Crandall , op. cit. (fn. 9 supra) .
   Google Scholar
• For evidence on this proposition see Robert W. Crandall , “ Metals Industries International structure ,” in Michael B. Bever, ed. , Encyclopedia of Materials Science and Engineering . Oxford Pergamon Press , 1986 .
   Google Scholar