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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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Political Pressure Deflection
Anderson, James E. - 2004
Much economic policy is deliberately shifted away from direct political processes to administrative processes --- political pressure deflection. Pressure deflection poses a puzzle to standard political economy models which suggest that having policies to `sell' is valuable to politicians. The...
Persistent link: https://www.econbiz.de/10012468254
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Political Pressure Deflection
Anderson, James E.; Zanardi, Maurizio - 2022
Much economic policy is deliberately shifted away from direct political processes to administrative processes --- political pressure deflection. Pressure deflection poses a puzzle to standard political economy models which suggest that having policies to `sell' is valuable to politicians. The...
Persistent link: https://www.econbiz.de/10014072173
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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/10011608734
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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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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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A political argument for inefficiency under severe political pressure
Nisani, Doron - In: Journal of government and economics : JGE 12 (2023), pp. 1-13
Who watches the watchmen? In order to examine the role of the governance separation of powers principle in economics, we developed a theoretical model of a structurally failed market with and without political pressure. We conclude that if the executive branch is dedicated to its public duty,...
Persistent link: https://www.econbiz.de/10014518046
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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
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Microfoundations of Influencing Public Opinion : Lobbying and Voting for Trade Policies
Pyne, Derek - 2014
Public opinion, lobbying and elections have important effects on the formation of trade policy in democracies. This … paper attempts to explain how lobbying expenditures can influence the outcome of an election fought over trade policy …
Persistent link: https://www.econbiz.de/10013049093
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Protection for Sale in the EU
Belloc, Marianna - 2007
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/10014052275