Showing 1 - 10 of 6,551
tax scandal that gave rise to an unexpected change of government in Sweden. A free-trade majority in parliament was …
Persistent link: https://www.econbiz.de/10012387616
extraordinary tax scandal that gave rise to an unexpected change of government in Sweden. A free-trade majority in parliament was …
Persistent link: https://www.econbiz.de/10013337792
equilibrium models of trade. We follow a dual approach, highlighting how general equilibrium distributional aspects of social … inequality results in trade theory that are focused strictly on functional rather than household inequality. As an application of … for a broad class of models. -- Sen welfare functions ; duality ; political economy of equity …
Persistent link: https://www.econbiz.de/10009239049
theoretical representation of production, trade, and consumption, we map a general representation of the real economy to …
Persistent link: https://www.econbiz.de/10009239051
In this paper we examine the empirical relevance of three prominent endogenous protection models. Is protection for …) and the Tariff Function (Findlay and Wellisz, 1982) models are significant at the one percent level. Novel is our … application of a single, unified theoretical framework to take strict interpretations of the three theoretical models to the data …
Persistent link: https://www.econbiz.de/10011397792
We analyze general equilibrium relationships between trade policy and the household distribution of income, decomposing … yields predictions regarding the linkages between trade protection, country characteristics and inequality in Heckscher …
Persistent link: https://www.econbiz.de/10011337398
that time-varying trade barriers may be another channel for market instability. …We develop a simple two-region, cobweb-type dynamic equilibrium model to demonstrate the existence of optimal trade … barriers. A pure comparative statics analysis of our model suggests that a reduction of trade barriers always enhances welfare …
Persistent link: https://www.econbiz.de/10010204785
economy models either yield no prediction on the bias of the trade regime, or predict, counterfactually, a bias towards the …Rodrik (1995) notes that trade regimes tend to be biased towards import protection. Meanwhile, the standard political …
Persistent link: https://www.econbiz.de/10012731200
This paper asks whether the results obtained from using the standard approach to testing the influential Grossman and Helpman protection for sale (PFS) model of political economy might arise from a simpler setting. A model of imports and quotas with protection occurring in response to import...
Persistent link: https://www.econbiz.de/10012733666
inevitably emerges in the market. The problem of free riding in the game, if serious, will lower the lobbying-endogenous tariff …-endogenous tariff decreases social welfare in the game. Notably, welfare-improving trade liberalization occurs if the government removes … the lobbying-endogenous tariff and moves toward free trade …
Persistent link: https://www.econbiz.de/10012901702