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Trade in trash : a political economy approach

Cassing, James Howard; Long, Ngo Van - 2020

We study how the opportunity to trade in trash might influence the equilibrium outcome when the tax on the externality is determined by a political economy process. In our model, individuals have heterogeneous preferences for environmental quality, and there is a leakage when funds are...

Persistent link: https://www.econbiz.de/10012263837

The political economy of policy centralization : direct versus representative democracy

Redoano, Michela; Scharf, Kimberley Ann - 2001

This paper examines policy centralization outcomes in a two-jurisdiction, political economy model of public good … choice procedures, namely, direct democracy and representative democracy. We show that policy centralization is more likely … device by a pro-centralization jurisdiction and induce a reluctant partner to cooperate. In these situations, policy …

Persistent link: https://www.econbiz.de/10011400894

Politics and trade policy : an empirical investigation

Eicher, Theo S.; Osang, Thomas - 2001

In this paper we examine the empirical relevance of three prominent endogenous protection models. Is protection for sale, or do altruistic policy makers worry about political support? We find strong evidence that protection is indeed for sale. The important new result is, however, that not only...

Persistent link: https://www.econbiz.de/10011397792

The sources of protectionist drift in representative democracies

Laussel, Didier; Riezman, Raymond Glenn - 2001

We analyze a two country-two good model of international trade in which citizens in each country differ by their specific factor endowments. The trade policy in each country is set by the politician who has been elected by the citizens in a previous stage. Due to a delegation effect citizens...

Persistent link: https://www.econbiz.de/10011398023

Trade and industrial policy of transition economies

Gonzales, José Luis Moraga; Viaene, Jean-Marie - 2001

Trade reforms in transition economies are analyzed in a model of trade and vertical product differentiation. We first show that trade liberalization in transition economies reduces the local firm s output and raises the prices of all variants. Second, we find that neither free trade nor the...

Persistent link: https://www.econbiz.de/10011398110

Procompetitive trade policies

Gonzales, José Luis Moraga; Viaene, Jean-Marie - 2001

We study the procompetitive effects of trade policies against a foreign oligopoly in a model of vertical product differentiation. We show that a uniform tariff policy like the Most Favored Nation (MFN) clause is always welfare superior to free trade because of a pure rent-extraction effect....

Persistent link: https://www.econbiz.de/10011400885

Universal intellectual property rights : too much of a good thing?

Auriol, Emmanuelle; Biancini, Sara; Paillacar, Rodrigo - 2013

This paper studies the incentives that developing countries have to protect intellectual properties rights (IPR). On the one hand, free-riding on rich countries technology reduces their investment cost in R&D. On the other hand, firm that violates IPR cannot legally export in a country that...

Persistent link: https://www.econbiz.de/10009764430

General equilibrium trade policy analysis with structural gravity

Larch, Mario; Yotov, Yoto V. - 2016

, and we outline recent methods to obtain theory-consistent GE effects of trade policy with a simple estimation procedure …

Persistent link: https://www.econbiz.de/10011515400

International trade in general oligopolistic equilibrium

Neary, J. Peter - 2015

This paper presents a new model of oligopoly in general equilibrium and explores its implications for positive and normative aspects of international trade. Assuming "continuum-Pollak" preferences, the model allows for consistent aggregation over a continuum of sectors, in each of which a small...

Persistent link: https://www.econbiz.de/10011406571

Pitfalls in the use of ad valorem equivalent representations of the trade impacts of domestic policies

Whalley, John (contributor) - 2005

Numerical simulation exercises to analyze the impacts of potential changes in non-tariff policies commonly use ad valorem equivalent tariff treatment even though estimated impacts using explicit model representation and ad valorem equivalent treatments will differ. The difficulty for modellers...

Persistent link: https://www.econbiz.de/10003109945