کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
962829 930157 2007 20 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Can compensation save free trade?
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Can compensation save free trade?
چکیده انگلیسی
When the median voter loses from trade reform, liberalization is blocked. Allowing the electorate to vote for compensatory subsidies may reverse this outcome. However, the order of the agenda may matter. The winners who pay the compensation may be sufficiently powerful to block compensation if trade is first liberalized. Seeing the inevitable outcome of sequential votes, the median voter realizes he will not be compensated for his losses and opposes liberalization. In contrast, liberalization can be achieved if compensation is placed first on the agenda. Finally, there is a significant chance that the least efficient compensation scheme will be chosen.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of International Economics - Volume 71, Issue 1, 8 March 2007, Pages 167-186
نویسندگان
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