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The Political Economy of Protection

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Author Info

  • Wilfred J. Ethier

    ()
    (Department of Economics, University of Pennsylvania)

Abstract

This paper offers a selective, interpretative survey of the literature on the political economy of international trade policy. Unilateral trade policy and multilateral trade agreements are covered, but preferential trading arrangements are not. Much of the literature is characterized either by a discrepancy between what policymakers say they are doing and how the theory models their actions (the Cognitive Dissonance issue) or by a lack of a detailed microeconomic foundation (the Black Box issue).

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File URL: http://economics.sas.upenn.edu/system/files/working-papers/10-022.pdf
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Bibliographic Info

Paper provided by Penn Institute for Economic Research, Department of Economics, University of Pennsylvania in its series PIER Working Paper Archive with number 10-022.

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Length: 34 pages
Date of creation: 30 Jun 2010
Date of revision:
Handle: RePEc:pen:papers:10-022

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Web page: http://economics.sas.upenn.edu/pier
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Related research

Keywords: Political support function; Protection For Sale; trade agreements; exchange of market access;

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  1. Van Long, Ngo & Vousden, Neil, 1991. "Protectionist responses and declining industries," Journal of International Economics, Elsevier, vol. 30(1-2), pages 87-103, February.
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