An argument often heard in favor of trade agreements is that they provide a way for a government to credibly distance itself from the domestic special interest groups who lobby for protection; the idea is that, by committing to free trade, a government may be able to foreclse political pressures at home. In this paper we develop a dynamic, small-country model in which factors are sector-specific in the short run but mobile across sectors in the long run, and show that the rents derived from the political process may not compensate the government for the welfare distortions caused by protection.
Download Info
To our knowledge, this item is not available for
download. To find whether it is available, there are three
options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page
whether it is in fact available.
3. Perform a search for a similarly titled item that would be
available.
Publisher Info
Paper provided by Princeton, Woodrow Wilson School - Public and International Affairs in its series Papers with number
180.
Length: 29 pages Date of creation: 1996 Date of revision: Handle: RePEc:fth:priwpu:180
Contact details of provider: Postal: PRINCETON UNIVERSITY, WOODROW WILSON SCHOOL OF PUBLIC AND INTERNATIONAL AFFAIRS, PRINCETON NEW- JERSEY 08542 U.S.A. Phone: (609) 258-4800 Web page: http://www.wws.princeton.edu/ More information through EDIRC
For technical questions regarding this item, or to correct its listing, contact: (Thomas Krichel).
Find related papers by JEL classification: F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Models of Political Processes: Rent-seeking, Elections, Legislatures, and Voting Behavior
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.) This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page.