Nuno, Limao; Arvind, Panagariya - In: The B.E. Journal of Economic Analysis & Policy 3 (2004) 1, pp. 1-21
An important question that has continued to elude trade economists is why trade interventions are biased in favor of import-competing rather than exportable sectors. Indeed, as Philip Levy (1999) points out, under a set of neutrality assumptions, the dominant political-economy model, Grossman...