Showing 1 - 10 of 86,996
This paper provides a rough test of a broad and prominent class of political economy of trade models and finds them wanting. The class features governments with weighted social welfare functions, including the prominent model of Grossman and Helpman. Whether the government is the single domestic...
Persistent link: https://www.econbiz.de/10010369146
This paper provides a rough test of a broad and prominent class of political economy of trade models and finds them wanting. The class features governments with weighted social welfare functions, including the prominent model of Grossman and Helpman. Whether the government is the single domestic...
Persistent link: https://www.econbiz.de/10011608734
In this paper we examine the empirical relevance of three prominent endogenous protection models. Is protection for sale, or do altruistic policy makers worry about political support? We find strong evidence that protection is indeed for sale. The important new result is, however, that not only...
Persistent link: https://www.econbiz.de/10011397792
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
) electoral mechanisms, the (ii) lobbying institutions, and the (iii) legislative bargaining that affect its supply. A recent … the other. Areas ripe for more exploration include informational lobbying, the role of the media, firm-level analysis of … lobbying and more realistic approaches to labor markets. …
Persistent link: https://www.econbiz.de/10014023458
Are retaliatiory tariffs politically targeted and, if so, are they effective? Do countries designing a retaliation …
Persistent link: https://www.econbiz.de/10011986148
This paper presents estimation of the Grossman-Helpman (1994) model for the EU. We try to address a number of pitfalls that surround the previous empirical literature. First, we suggest a new identification strategy that enables to single out politically organized sectors with specific regard to...
Persistent link: https://www.econbiz.de/10009649975
-Ohlin and Ricardo-Viner frameworks. In addition, we can separate the efficiency and equity effects of tariffs on welfare. We …
Persistent link: https://www.econbiz.de/10011337398
just signaling for active involvement in lobbying action, since we find evidence that actual meeting attendance has a …
Persistent link: https://www.econbiz.de/10010361404
This paper provides a simple model that highlights the political substitutability between import tariffs and production … sector induce the government to set inefficiently high tariffs and subsidies. If the government commits the tariff to a lower … equilibrium obtain) a larger production subsidy. This political substitutability between tariffs and subsidies is shown to reduce …
Persistent link: https://www.econbiz.de/10011933204