Ponzetto, Giacomo AM - C.E.P.R. Discussion Papers - 2011
Protectionism enjoys surprising popular support, in spite of deadweight losses. At the same time, trade barriers appear … voters which explains both facts and predicts the pattern of trade policy across industries. In the model, each agent … existing models. The model predicts a Dracula effect: trade policy for a sector is less protectionist when there is more public …