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Governments in more developed economies partially compensate import-competing industries when world prices fall, i.e. they lean against the wind. In less developed economies we often observe liberalization in response to the same shock. We use a political-support maximization model with revenue...
Persistent link: https://www.econbiz.de/10011577171
The vast majority of the books and articles that have been written over the past few centuries about trade policy in … general and protectionism in particular have been written from a utilitarian perspective. Indeed, it would only be a slight … overstatement to say that the only works written about protectionism have been written from a utilitarian perspective. The reason …
Persistent link: https://www.econbiz.de/10012980538
perspective, general market access commitments with respect to services trade and commitments regarding government procurement of … Agreement on Trade in Services (GATS), it derives insights from a large number of Regional Trade Agreements (RTAs) that embody … substantive provisions on both government procurement and services trade. An important finding is that, from an economic …
Persistent link: https://www.econbiz.de/10010430680
This paper investigates economic and political determinants of protection across the secondary (manufacturing) sector. Economic factors can be summarized by the infant industry argument and we expect industries which are relatively efficient compared to the rest-of-the-world to have low levels...
Persistent link: https://www.econbiz.de/10011576560
-industry manufacturing sector data over three Plan periods. Understanding this link is important as economies liberalize trade and must deal …
Persistent link: https://www.econbiz.de/10011576765
- at least during early stages of reform - and adopted liberal trade policies. In this paper the course of trade policy … during transition is explained from a political economy perspective. It is shown that trade liberalization can be a rational … strategy of reform politicians maximizing the probability of electoral success. In this context it is also discussed how trade …
Persistent link: https://www.econbiz.de/10010397907
We study the relationship between participation in free trade agreements (FTAs) and the sustainability of democracy … regimes ; trade liberalization …
Persistent link: https://www.econbiz.de/10009702886
- at least during early stages of reform - and adopted liberal trade policies. In this paper the course of trade policy … during transition is explained from a political economy perspective. It is shown that trade liberalization can be a rational … strategy of reform politicians maximizing the probability of electoral success. In this context it is also discussed how trade …
Persistent link: https://www.econbiz.de/10009620807
This paper examines the impact of trade liberalization on U.S. Congressional elections. We find that U.S. counties … subject to greater competition from China via a change in U.S. trade policy exhibit relative increases in turnout, the share …
Persistent link: https://www.econbiz.de/10011500378
We study the relationship between participation in free trade agreements (FTAs) and the sustainability of democracy …
Persistent link: https://www.econbiz.de/10013086606