Ideology, Inequality and Inequitable Trade Policies
Abstract Does more wealth inequality lead to more inequitable trade policies? To answer this question, this study develops a political economy model of international trade theory and predicts that in a pro-worker regime, an increase in wealth inequality leads to more equitable trade policies. In a pro-capitalist regime, an increase in wealth inequality leads to more inequitable trade policies. Using cross-country data on political ideology, wealth inequality and different measures of trade policies, this paper finds empirical support for these predictions.
Year of publication: |
2007
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Authors: | Djerdjian, Daron O |
Published in: |
The B.E. Journal of Economic Analysis & Policy. - De Gruyter, ISSN 1935-1682, ZDB-ID 2268326-4. - Vol. 7.2007, 1
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Publisher: |
De Gruyter |
Subject: | trade policy | ideology | inequality | protection | welfare |
Saved in:
Online Resource
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