Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5086417 | Japan and the World Economy | 2006 | 24 Pages |
Abstract
We present a two-sector model to depict the determination of trade preference. The model highlights lobby as a rivalry between sectors in competition for resources where the outcome of the lobby race is determined by each sector's ability to generate rent at a given welfare cost to the general population. We investigate the relation between the structure of trade protection and the resource endowment.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Jue-Shyan Wang, Hui-wen Koo, Tain-Jy Chen,