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Neoclassical Political Economy: An Application to Trade Policies

M.G. Quibria ()

Journal of Economic Surveys, 1989, vol. 3, issue 2, 107-36

Abstract: This paper starts with a review of the literature on "neoclassical" political economy and then goes on to apply this perspective to the issue of trade liberalization. In this connection, the paper critically discusses various political economy models which have been advanced to explain patterns of trade policies in both developed and developing countries and assesses them in light of recent empirical evidence. The paper also makes a brief review of the empirical planning studies which estimate the gains from trade liberalization. Copyright 1989 by Blackwell Publishers Ltd

Date: 1989
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