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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
the total effect of migration depends on the initial income distribution in the economy. Our results also contribute to …
Persistent link: https://www.econbiz.de/10010439388
the total effect of migration depends on the initial income distribution in the economy. Our results also contribute to …
Persistent link: https://www.econbiz.de/10010365909
This paper develops a two-country model of international trade in which citizens who are heterogeneous with respect to their factor endowments vote over tariffs and income tax rates. In the politico-economic equilibrium, each country chooses its national policies by majority voting, taking the...
Persistent link: https://www.econbiz.de/10013154945
This paper generalizes the analysis of distributive conflict, politics, and growth developed by by Alesina-Rodrik (1994 …). We construct a heterogenous-agent framework in which both growth and the distribution of wealth are endogenous. Due to … adjustments in the distribution of wealth, the composition of factor ownership across households equalizes in the long run. This …
Persistent link: https://www.econbiz.de/10011437002
political economy implications of trade theory hypothesis using data on democracy, factor endowments, and protection in the late …
Persistent link: https://www.econbiz.de/10012731145
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/10013321021
Persistent link: https://www.econbiz.de/10013436267
We explore the relationship between import protection and the household distribution of income. We first develop a … of trade. Regression results suggest that import protection makes income distribution worse for countries in labor …
Persistent link: https://www.econbiz.de/10011335217
We analyze general equilibrium relationships between trade policy and the household distribution of income, decomposing …-adjusted social welfare functions in a general equilibrium structure mapping from tariff protection to household inequality. This … then examine endogenous tariff formation when policy makers care about both equity and special interests …
Persistent link: https://www.econbiz.de/10012735412