Endogeneous 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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|Date of creation:||08 Sep 1999|
|Date of revision:|
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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 265-81, May.
- Levy, Philip I, 1997. "A Political-Economic Analysis of Free-Trade Agreements," American Economic Review, American Economic Association, vol. 87(4), pages 506-19, September.
- Alberto Alesina & Dani Rodrik, 1994. "Distributive Politics and Economic Growth," The Quarterly Journal of Economics, Oxford University Press, vol. 109(2), pages 465-490.
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