Publisher Summary This chapter discusses the political economy of trade policy. In principle,
a political-economy model of trade policy must have four elements. Much of the trade theory …

This paper surveys the recent literature on trade liberalisation and economic growth. While
there are serious methodological challenges and disagreements about the strength of the …

This book represents a considerable revision and expansion of Public Choice II (1989). As
in the previous additions, all of the major topics of public choice are covered. These include …

If different parties control the US Congress and White House, the United States may
maintain higher import protection than otherwise. This proposition follows from a distributive …

This paper reviews the experience of economic growth during the twentieth century with a
view to highlighting implications for both growth economists and policy-makers. The …

Nontariff barriers to trade are most pervasive when deteriorating macroeconomic conditions
give rise to demands for protection by pressure groups, when countries are sufficiently large …

Relying on the New Economics of Organizations (NEO), or New Institutionalism, Politics,
Process, and American Trade Policy shows why conventional models do not adequately …

In order to explain the prevalence and persistence of trade protection, a large body of work
that departs from the notion of welfare maximizing governments and emphasizes instead …

Despite the abundance of recent studies on divided government, no clear consensus has
emerged as to whether divided partisan control has an appreciable impact on policy …

Governments frequently intervene to support domestic industries, but a surprising amount of
this support goes to ailing sectors. We explain this with a lobbying model that allows for entry …