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In endogenous tariff theory the outcome of the political process (the tariff) is a strictly private good from the perspective of the specific-factors in an industry. That is, the benefits from participation in the political process are fully captured by the participant group. We argue that this...
Persistent link: https://www.econbiz.de/10008544395
This technical report brings together two papers on the linear and non-linear versions of the multi-region trade simulation model known as GSIM. It outlines a modeling strategy for the partial equilibrium analysis of tariff and antidumping policy on a global level. The framework is scalable,...
Persistent link: https://www.econbiz.de/10005034256
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What are the forces behind the increasing globalization of economic life? How does globalization affect the functioning of national economies? What difficulties confront government policymakers in dealing with the global economy? These issues are addressed in this volume by leading specialists....
Persistent link: https://www.econbiz.de/10011146546
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The majority of African countries implemented import liberalisation in the 1990s. This paper explores factors that may explain the pattern of protection and of tariff reform. We consider political economy explanations, motivated specifically by the Grossman and Helpman (1994) model of protection...
Persistent link: https://www.econbiz.de/10005607583
This paper analysis the relative economic effects of four East Asian Free Trade Area (FTA) options. A particular feature of the model, which is an extension from a standard CGE model, is the introduction of unemployment with the intention of assessing the changes in the real wage and...
Persistent link: https://www.econbiz.de/10008522610
This paper argues that, as a matter of positive political economy, fairness plays a non-trivial role in the politics of trade policy. Specifically, we first argue that, as a matter of fact, widely held notions of fairness, that are empirically identifiable on the micro level, have macro effects...
Persistent link: https://www.econbiz.de/10005295374
Persistent link: https://www.econbiz.de/10005311122
We develop a two-country, two-sector model with a continuum of workers to address the link between migration and trade where policy is determined by a simple referendum. In particular, we address two questions. First, are states already in free trade areas more likely to support full integration...
Persistent link: https://www.econbiz.de/10010610382