Microfoundations of Influencing Public Opinion: Lobbying and Voting for Trade Policies

Public opinion, lobbying and elections have important effects on the formation of trade policy in democracies. This paper attempts to explain how lobbying expenditures can influence the outcome of an election fought over trade policy. Voters are assumed to own both capital and labour. The expenditures of lobby groups act as a signal to voters of the difference in returns to their factor endowments under different political parties.

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Year of publication:	2006
Authors:	Pyne, Derek
Published in:	Journal of Economic Integration. - Department of Economics and Trade. - Vol. 21.2006, p. 551-576
Publisher:	Department of Economics and Trade
Subject:	Trade Policy Formation \| Tariffs \| Voting \| Lobbing

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Type of publication:	Article
Classification:	D72 - Economic Models of Political Processes: Rent-Seeking, Elections, Legistures, and Voting Behavior ; D78 - Positive Analysis of Policy-Making and Implementation ; F13 - Commercial Policy; Protection; Promotion; Trade Negotiations ; F15 - Economic Integration
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009392003