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Endogenous distribution and the political economy of trade policy

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  • Das, Satya P.

Abstract

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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Suggested Citation

  • Das, Satya P., 2001. "Endogenous distribution and the political economy of trade policy," European Journal of Political Economy, Elsevier, vol. 17(3), pages 465-491, September.
    • Handle: RePEc:eee:poleco:v:17:y:2001:i:3:p:465-491
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    7. Mayer, Wolfgang, 1984. "Endogenous Tariff Formation," American Economic Review, American Economic Association, vol. 74(5), pages 970-985, December.
    8. Thomas Piketty, 1997. "The Dynamics of the Wealth Distribution and the Interest Rate with Credit Rationing," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 64(2), pages 173-189.
    9. Wolfgang Mayer & Raymond Riezman, 2013. "Voter Preferences for Trade Policy Instruments," World Scientific Book Chapters, in: Raymond Riezman (ed.), International Trade Agreements and Political Economy, chapter 11, pages 169-183, World Scientific Publishing Co. Pte. Ltd..
    10. 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 265-281, May.
    11. Mayer, Wolfgang & Riezman, Raymond G., 1987. "Endogenous choice of trade policy instruments," Journal of International Economics, Elsevier, vol. 23(3-4), pages 377-381, November.
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    Cited by:

    1. Das, Satya P., 2006. "Trade, skill acquisition and distribution," Journal of Development Economics, Elsevier, vol. 81(1), pages 118-141, October.

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    More about this item

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations

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