Showing 31 - 40 of 63,675
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
This is the first empirical study to examine Congressional support of an antidumping law that directs the U.S. Customs Service to distribute collected duties to protected firms. The law produces a highly transparent measure of how much each firm is rewarded for its rent-seeking efforts to secure...
Persistent link: https://www.econbiz.de/10014070253
economy model of trade protection. We associate the sectors of a specific factors model with electoral districts populated by … representatives then sets tariffs that are strictly positive. Introducing additional policy instruments reveals a trade-off between …
Persistent link: https://www.econbiz.de/10014070703
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
This article is about protectionism. It is divided into four parts. Part 1 reviews the philosophy of protectionism, and … producers at the expense of the general public. Part 2 examines the cost of protectionism, both monetary and nonmonetary, and … concludes that protectionism results in a deadweight loss to the economy. Part 3 examines antidumping in theory and practice and …
Persistent link: https://www.econbiz.de/10012980629
to examine this outcome. The hypothesis that support for protectionism was purely a response to globalization is rejected …. Exposure to trade competition encouraged a shift to the Republican candidate, but this effect is mediated by race, diversity …, education, and age. If the turn toward protectionism is due to economic dislocation, then public policy interventions could …
Persistent link: https://www.econbiz.de/10012867592
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
Previous studies have recognized that campaign contributions and lobbies affect trade policy. However, whether or not … trade policy affects electoral outcome is far less discussed. This paper thus introduces a theoretical framework to explain … how trade platform could affect the vote pattern. Motivated by this, we then estimate such an effect using election data …
Persistent link: https://www.econbiz.de/10012732802
primaries, the differences to current politics will not be that big in some areas. Particularly when it comes to free trade …
Persistent link: https://www.econbiz.de/10012166167
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