Endogenous distribution and the political economy of trade policy
This paper examines the political economy of trade policy in the context of a small open economy, when factor ownerships are variable. The median voter hypothesis is used. In the long run, both trade protection and distribution of wealth and income are endogenous, and the paper investigates how these are affected by basic parameters like terms of trade and technology.
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- Das, Satya P, 2000. "Trade among Similar Countries and the Personal Distribution of Income and Wealth," Economica, London School of Economics and Political Science, vol. 67(266), pages 265-281, May.
- Mayer, Wolfgang & Riezman, Raymond G., 1987. "Endogenous choice of trade policy instruments," Journal of International Economics, Elsevier, vol. 23(3-4), pages 377-381, November.
- Thomas Piketty, 1997. "The Dynamics of the Wealth Distribution and the Interest Rate with Credit Rationing," Review of Economic Studies, Oxford University Press, vol. 64(2), pages 173-189.
- Mayer, Wolfgang & Riezman, Raymond G., 1990.
"Voter Preference for Trade Policy Instruments,"
722, California Institute of Technology, Division of the Humanities and Social Sciences.
- Wolfgang Mayer & Raymond Riezman, 1990. "Voter Preferences For Trade Policy Instruments," Economics and Politics, Wiley Blackwell, vol. 2(3), pages 259-273, November.
- Wolfgang Mayer & Raymond Riezman, 2013. "Voter Preferences for Trade Policy Instruments," World Scientific Book Chapters, in: International Trade Agreements and Political Economy, chapter 11, pages 169-183 World Scientific Publishing Co. Pte. Ltd..
- Hillman, Arye L & Ursprung, Heinrich W, 1988. "Domestic Politics, Foreign Interests, and International Trade Policy," American Economic Review, American Economic Association, vol. 78(4), pages 719-745, September.
- Wolfgang Mayer & Raymond Riezman, 1989. "Tariff Formation In A Multidimensional Voting Model," Economics and Politics, Wiley Blackwell, vol. 1(1), pages 61-79, 03.
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