Dhingra, Swati - In: Economics and Politics 26 (2014) 3, pp. 483-504
type="main" xml:id="ecpo12045-abs-0001" <p>Median voter theory applied to trade policy predicts positive tariffs in capital-abundant countries and negative tariffs in labor-abundant countries. Negative tariffs are rare, and this paper reconciles the median voter theory with observed protectionism...</p>