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Non-Tariff Barriers as a Test of Political Economy Theories
Levy, Philip I. - 2003
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/10014088526
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Non-tariff barriers as a test of political economy theories
Levy, Philip I. - 2003
Persistent link: https://www.econbiz.de/10001760040
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Non-Tariff Barriers as a Test of Political Economy Theories
Levy, Philip I. - 2003
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
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Politics and trade policy : an empirical investigation
Eicher, Theo S.; Osang, Thomas - 2001
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
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The sources of protectionist drift in representative democracies
Laussel, Didier; Riezman, Raymond Glenn - 2001
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
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Export licensing in the WTO context
Gamberale, Carlo; Tarasenko, Irina - 2023 - Manuscript date: 15 September 2023
This paper addresses the issue of export licensing procedures in the WTO context. It aims to contribute to the understanding of the existing rules applicable to export licensing in the WTO, and what the development of specific disciplines would mean to international trade. The paper looks at the...
Persistent link: https://www.econbiz.de/10014366826
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Tariffs and politics : evidence from Trump's trade wars
Fetzer, Thiemo; Schwarz, Carlo - 2019
Are retaliatiory tariffs politically targeted and, if so, are they effective? Do countries designing a retaliation …
Persistent link: https://www.econbiz.de/10011986148
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Trade in trash : a political economy approach
Cassing, James Howard; Long, Ngo Van - 2020
We study how the opportunity to trade in trash might influence the equilibrium outcome when the tax on the externality is determined by a political economy process. In our model, individuals have heterogeneous preferences for environmental quality, and there is a leakage when funds are...
Persistent link: https://www.econbiz.de/10012263837
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Revisiting the trade-creating effects of non-tariff barriers
Felbermayr, Gabriel; Teti, Feodora - 2023
Modern regional trade agreements focus on promoting bilateral exchange mostly by lowering non-tariff barriers to trade. But do existing regional trade agreements actually deliver what they promise? This paper argues that existing results in the literature are upward biased because of measurement...
Persistent link: https://www.econbiz.de/10014487341
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Chapter 2. The Political Economy of Commercial Policy
McLaren, J. - 2016
) 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