Most of economists, who prefer either the classical trade theory or the latest emerging new trade theory, adhere to the doctrine of free trade. However, the perplexity between the theoretical ideology and ever-lasting protectionism in reality demonstrates that the political decision-making process of trade policy is often less understood or even ignored. Political economy of trade policy, or simply called endogenous tariff theory, may offer a plausible and decent answer to the dilemma from the perspective of income distribution, rather than economic efficiency.
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Paper provided by Copenhagen Business School, Department of Management, Politics & Philosophy in its series Working Papers with number
10/2000.
Length: 67 pages Date of creation: 01 Aug 2000 Date of revision: Handle: RePEc:hhb:cbslpf:2000_010
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References listed on IDEAS 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.:
Robert C. Feenstra & Jagdish N. Bhagwati, 1982.
"Tariff Seeking and the Efficient Tariff,"
NBER Chapters,
in: Import Competition and Response, pages 245-262
National Bureau of Economic Research, Inc.
[Downloadable!]
Grossman, Gene M & Helpman, Elhanan, 1994.
"Protection for Sale,"
American Economic Review,
American Economic Association, vol. 84(4), pages 833-50, September.
[Downloadable!] (restricted)
Other versions:
Gene M. Grossman & Elhanan Helpman, 1992.
"Protection For Sale,"
NBER Working Papers
4149, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
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.)