Endogenous trade policy: Political struggle in the growth process

Yoshiaki Sugimoto, Masao Nakagawa

研究成果: Article査読

1 被引用数 (Scopus)

抄録

This paper develops a dynamic theory that accounts for the evolution of trade policy, underlying internal class conflicts, and output growth performance. Analysis of political responses to the distributional effects of international trade reveals that economies with a comparative advantage in manufacturing may reach a developed stage through the ebb and flow of protectionism. This nonmonotonic evolution of trade policy is consistent with the historical experience of Western Europe over the last few centuries.

本文言語English
ページ(範囲)12-29
ページ数18
ジャーナルStructural Change and Economic Dynamics
22
1
DOI
出版ステータスPublished - 2011 2月
外部発表はい

ASJC Scopus subject areas

  • 経済学、計量経済学

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