Daun, Tyler; Galiani, Sebastián; Torrens, Gustavo - National Bureau of Economic Research - 2021
populist government may use trade policy to encourage capitalists to invest in the more labor-intensive industry. Since moving …Most populist regimes in Latin American countries used trade policy to redistribute income, despite being less … capital is costly, those capitalists will support the continuation of the protectionist trade policy even after the populist …