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The last two decades have witnessed a shift in the focus of international trade research from trade policy to other forms of trade frictions (e.g., transportation, information and communication costs). Implicit in this development is the widespread view that trade policy no longer matters. We...
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the analysis is on relative wages, defined as industry wage premiums relative to the economy-wide average wage. Using the … economy factors as determinants of protection. Further issues concerning the effects of trade liberalization, such as the … relevance of time-variant political economy factors, the importance of employment guarantees, liberalization induced …
Persistent link: https://www.econbiz.de/10013224672
Social policies, particularly environmental and labour issues, are not new to trade policy fora including the GATT. However, they are likely to have a more prominent role in trade policy discussions in the years ahead for the new World Trade Organization. Many developing countries perceive the...
Persistent link: https://www.econbiz.de/10013249224
A prominent model in the recent political-economy literature on trade policy is Grossman and Helpman's (1994 …
Persistent link: https://www.econbiz.de/10013211649