00342099

Component

https://onlinepubs.trb.or...trcircular/230/230-015.pdf

What does the Aerospace Industries Association think should be done about some of these issues? We have a statement in which we set forth most of these, where we note that foreign competitors in the international market are often strengthened by government incentives, and even by government partnerships. If our government is to help meet this competition it must give sufficient national priority to exports and to effective implementation of policies and practices designed to increase sales in the international marketplace. We see a need for export tax incentives to offset the tax advantages of our foreign competitors. For decades most developed nations have recognized that economic survival is critically dependent on exports. Accordingly, they have forged an array of incentives -- financing facilities and trade devices to assist their industries to promote exports and jobs and other economic consequences therefrom. Such supportive measures not similarly available to American exporters put U.S. industry at a distinct disadvantage in international competition. Specifically, we recommend an expansion rather than a reduction in the one principal program that we have available to us, commonly referred to as the DISC program (the Domestic International Sales Corporation). This is an effort to offset in part the tax advantages enjoyed by our foreign competitors. We would amend the U.S. tax system as a means of expanding exports, with emphasis on depreciation, investment tax credit, and other incentives helpful to the export community. We also see a need for firm action against those countries that provide preferential credit terms or impose tariff or non-tariff barriers in violation of the MTN agreement. In countries where an industry is owned or controlled by its national government many important factors can be manipulated, not the least of which is financing of their foreign purchases; indeed they are being manipulated. This puts countries such as the United States at a distinct disadvantage. (Author)

Report of a Workshop sponsored by the Committee on Aviation Demand Forecasting of the Transportation Research Board, held at the National Academy of Sciences, Washington, D.C., March 26-27, 1981. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved.

p. 40-41

1981-8

Transportation Research Circular

Digital/other

Aircraft; Competition; Incentives; International trade; Manufacturing

Aviation; Highways; Planning and Forecasting; Vehicles and Equipment; I10: Economics and Administration

TRIS, TRB

Dec 22 1981 12:00AM

• AIRCRAFT TECHNOLOGY
• AIRCRAFT TECHNOLOGY, IMPACT ON COSTS AND YIELDS
• AIRLINE CAPITAL NEEDS
• AIRLINE CARGO DEMAND
• AIRLINE PASSENGER DEMAND
• CHANGING NATURE OF AIRLINE COMPETITION
• COMMUNICATIONS--TELECONFERENCING
• COMMUTERS, SHORT HAUL, AND AIRPORTS
• DISCUSSION OF ECONOMIC OUTLOOK
• FINANCING THE U.S. AIRLINE INDUSTRY IN THE 1980'S
• GENERAL AVIATION
• REVIEW AND CRITIQUE OF FAA FORECASTS AND ASSUMPTIONS
• THE ECONOMIC OUTLOOK
• THE ENERGY OUTLOOK
• THE MACRO BUSINESS ENVIRONMENT
• THE OUTLOOK AND POLICY CHOICES FOR THE 1980'S