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The Political Economy of Trade Policy: Empirical Approaches

Kishore Gawande and Pravin Krishna ()

International Trade from EconWPA

Abstract: 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 political-economic determinants of policy has recently emerged. This survey paper summarizes and evaluates analytically the empirical component of this literature. We discuss a broad set of empirical findings which provide a convincing confirmation of the presence and significance of political economy influences. We also discuss some puzzles and controversies that have emerged in recent work.

JEL-codes: D72 D78 F12 F13 F14 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-afr, nep-int and nep-pol
Date: 2005-03-09
Note: Type of Document - pdf; pages: 52. Survey paper on New Political Economy of Trade Policy
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Handle: RePEc:wpa:wuwpit:0503003