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Voting behavior and constituent attitudes are central to many models of trade policy determination. Examining the demographic and economic variables that are associated with attitudes toward various trade policies can provide some insight into the public perception of globalization, and the...
Persistent link: https://www.econbiz.de/10005556433
This research expands upon the current theoretical literature on the political economy of trade policy by empirically estimating the degree of rent-seeking in the presence of free riding. The results provide strong evidence that the level of trade protection awarded to industries is...
Persistent link: https://www.econbiz.de/10005119284
Small economies rarely embrace free trade, a fact that is commonly explained as a consequence of the government's use of trade policy to redistribute income. But why is this redistribution typically biased in favor of import-competing sectors and is consequently trade restricting rather than...
Persistent link: https://www.econbiz.de/10005119340