Why Legislators are Protectionists: the Role of Majoritarian Voting in Setting Tariffs
Abstract
Based on the observation that industries are often geographically concentrated, this paper proposes a new political economy model of trade protection. We associate the sectors of a specific factors model with electoral districts populated by continua of heterogeneous voters who differ in their relative factor endowments. We show how strategic delegation leads each district to elect a representative who is more protectionist than the median voter. The legislature formed by these representatives then sets tariffs that are strictly positive. Introducing additional policy instruments reveals a trade-off between efficiency and regional targetability. --Download Info
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Paper provided by Christian-Albrechts-University of Kiel, Department of Economics in its series Economics Working Papers with number 2003,10.Length:
Date of creation: 2003
Date of revision:
Handle: RePEc:zbw:cauewp:1049
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Related research
Keywords: trade policy; political economy; representative democracy;Find related papers by JEL classification:
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
- F10 - International Economics - - Trade - - - General
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Dimitra Petropoulou & Mirabelle Muuls, 2007.
"A Swing-State Theory of Trade Protection in the Electoral College,"
Economics Series Working Papers
372, University of Oxford, Department of Economics.
- Mirabelle Muûls & Dimitra Petropoulou, 2008. "A Swing-State Theory of Trade Protection in the Electoral College," CEP Discussion Papers dp0849, Centre for Economic Performance, LSE.
- Hatfield, John, 2006. "Federalism, Taxation, and Economic Growth," Research Papers 1929, Stanford University, Graduate School of Business.
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