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TRADE POLICY AND INDIRECT RENT SEEKING: A SYNTHESIS OF RECENT WORK -super-†

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  • Michael P. Leidy
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    Abstract

    This paper synthesizes a body of work in trade theory and commercial policy. A common theme unifies this literature: The prospect of protection, institutionalized in the policy formation process and the rules for administered protection, can induce real changes in economic activity independent of whether actual barriers to trade have been imposed. These changes are designed to indirectly manage policy outcomes by either encouraging or defusing protectionist pressures. Thus firm conduct may be distorted by incentives to optimize on a politically-determined margin and the evolution of protectionist events may be shaped by more than the direct lobbying efforts of interest groups. Copyright 1994 Blackwell Publishers Ltd..

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    File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/j.1468-0343.1994.tb00090.x
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    Bibliographic Info

    Article provided by Wiley Blackwell in its journal Economics & Politics.

    Volume (Year): 6 (1994)
    Issue (Month): 2 (07)
    Pages: 97-118

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    Handle: RePEc:bla:ecopol:v:6:y:1994:i:2:p:97-118

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    Web page: http://www.blackwellpublishing.com/journal.asp?ref=0954-1985

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    Cited by:
    1. Nelson, Douglas, 2006. "The political economy of antidumping: A survey," European Journal of Political Economy, Elsevier, vol. 22(3), pages 554-590, September.
    2. Bayindir-Upmann, Thorsten, 1998. "Interjurisdictional competition in emission taxes under imperfect competition of local firms," European Journal of Political Economy, Elsevier, vol. 14(2), pages 345-368, May.

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