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Persistent link: https://www.econbiz.de/10004979745
Persistent link: https://www.econbiz.de/10004979746
This paper generalizes the Grossman-Helpman political economy model to characterize the structure of environmental and industry protection for a small open economy when domestic and/or trade policies are the outcome of a noncooperative common agency game between sector-specific producer lobbies...
Persistent link: https://www.econbiz.de/10004979747
Persistent link: https://www.econbiz.de/10004979748
This paper reviews the role of national administered protection agencies, whose responsibility is the enforcement of national trade remedy laws. After reviewing four recent trade remedy cases we argue that the role of the national administered protection agencies should be changed. Given the...
Persistent link: https://www.econbiz.de/10004979749
Public choice in agriculture is an emerging field in agricultural economic research. The paper's focus is on the determinants of the U.S. wheat producer support price. The econometric time-series analysis suggests that this price is largely determined by the previous price, the expected U.S....
Persistent link: https://www.econbiz.de/10004979750
Persistent link: https://www.econbiz.de/10004979751
Persistent link: https://www.econbiz.de/10004979752
Traditional models of export bonus programs focus only on the effects of disposing public stocks on the world market. We show that the economic effects of export bonus programs are significantly different when one includes the costs of acquiring these stocks. Including stock acquisition costs...
Persistent link: https://www.econbiz.de/10004979753
We analyze a model in which a government uses a second best policy to affect the reallocation of labor, following a change in relative prices. We consider two extreme cases, in which the government has either unlimited or negligible ability to commit to future actions. We explain why the ability...
Persistent link: https://www.econbiz.de/10004979754