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An Empirical Investigation into the Determinants of Trade Policy Bias AgEcon
Hink, Matthew J.; Cardwell, Ryan T.; Lawley, Chad.
There exists an extensive literature that attempts to identify important factors that determine trade policies. An understanding of these important factors could be useful when negotiating trade agreements, especially in agriculture, which is a relatively heavily supported industry. Limao and Panagariya (L&P, 2007) modify Grossman and Helpman’s (G&H, 1994) lobbying model in an attempt to understand why anti-trade bias (as opposed to pro-trade bias, which is predicted by the G&H (1994) model) is the predominant pattern in observed trade policy. L&P (2007) propose that governments seek to reduce inequality between sectors by modifying trade policies in a way that reallocates income from the larger to the smaller sector. We use measures...
Tipo: Presentation Palavras-chave: Agricultural Policy; Trade Policy; Political Economy; Agricultural and Food Policy; International Development; International Relations/Trade; Political Economy; Q17 Q18.
Ano: 2012 URL: http://purl.umn.edu/123837
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An Empirical Investigation into the Determinants of Trade Policy Bias AgEcon
Hink, Matthew J.; Cardwell, Ryan T.; Lawley, Chad.
There exists an extensive literature that attempts to identify important factors that determine trade policies. An understanding of these important factors could be useful when negotiating trade agreements, especially in agriculture, which is a relatively heavily supported industry. Limao and Panagariya (L&P, 2007) modify Grossman and Helpman’s (G&H, 1994) lobbying model in an attempt to understand why anti-trade bias (as opposed to pro-trade bias, which is predicted by the G&H (1994) model) is the predominant pattern in observed trade policy. L&P (2007) propose that governments seek to reduce inequality between sectors by modifying trade policies in a way that reallocates gross revenue from the larger to the smaller sector. We use measures...
Tipo: Working Paper Palavras-chave: Trade; Policy; Bias; Agricultural and Food Policy; International Relations/Trade.
Ano: 2012 URL: http://purl.umn.edu/122739
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