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Fairness and the Political Economy of Trade

Author

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  • Carl Davidson
  • Steve Matusz
  • Doug Nelson

Abstract

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 not only in the social and political spheres of life, but even in the economy. Furthermore, as we argue in the second section, these notions systematically constrain public officials in the construction and pursuit of trade policy.

Suggested Citation

  • Carl Davidson & Steve Matusz & Doug Nelson, 2006. "Fairness and the Political Economy of Trade," The World Economy, Wiley Blackwell, vol. 29(8), pages 989-1004, August.
    • Handle: RePEc:bla:worlde:v:29:y:2006:i:8:p:989-1004
    DOI: 10.1111/j.1467-9701.2006.00832.x
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    References listed on IDEAS

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    1. Kenneth F. Scheve & Matthew J. Slaughter, 2001. "Globalization and the Perceptions of American Workers," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 109.
    2. Enelow,James M. & Hinich,Melvin J., 1984. "The Spatial Theory of Voting," Cambridge Books, Cambridge University Press, number 9780521275156, November.
    3. Anthony Downs, 1957. "An Economic Theory of Political Action in a Democracy," Journal of Political Economy, University of Chicago Press, vol. 65(2), pages 135-135.
    4. Edward E. Zajac, 1996. "Political Economy of Fairness," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262740192, December.
    5. Risse, Mathias, 2005. "Fairness in Trade," Working Paper Series rwp05-004, Harvard University, John F. Kennedy School of Government.
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    Cited by:

    1. Francois, Joseph & Nelson, Douglas R., 2014. "Political support for trade policy in the European Union," European Journal of Political Economy, Elsevier, vol. 36(C), pages 243-253.
    2. Karen Pittel & Dirk Rübbelke, 2013. "International Climate Finance and Its Influence on Fairness and Policy," The World Economy, Wiley Blackwell, vol. 36(4), pages 419-436, April.
    3. Xiaobo Lü & Kenneth F. Scheve & Matthew J. Slaughter, 2010. "Envy, Altruism, and the International Distribution of Trade Protection," NBER Working Papers 15700, National Bureau of Economic Research, Inc.
    4. Bougheas, Spiros & Nelson, Doug, 2013. "On the political economy of high skilled migration and international trade," European Economic Review, Elsevier, vol. 63(C), pages 206-224.
    5. Lim, Jamus Jerome & Saborowski, Christian, 2010. "Estimates of trade-related adjustment costs in Syria," Journal of Policy Modeling, Elsevier, vol. 32(6), pages 843-864, November.
    6. David Greenaway & Douglas Nelson, 2010. "The Politics of (Anti-)Globalization: What do we Learn from Simple Models?," Chapters, in: Noel Gaston & Ahmed M. Khalid (ed.), Globalization and Economic Integration, chapter 4, Edward Elgar Publishing.
    7. Zeng Lian & Jaimie W. Lien & Lin Lu & Jie Zheng, 2021. "International trade with social comparisons," Review of International Economics, Wiley Blackwell, vol. 29(3), pages 533-556, August.
    8. Simon Kemp, 2008. "Lay attitudes to trade with low-wage countries," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 3, pages 335-343, April.
    9. Jacob, Robert & Christandl, Fabian & Fetchenhauer, Detlef, 2011. "Economic experts or laypeople? How teachers and journalists judge trade and immigration policies," Journal of Economic Psychology, Elsevier, vol. 32(5), pages 662-671.
    10. repec:cup:judgdm:v:3:y:2008:i::p:335-343 is not listed on IDEAS

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