Political Investment in Economic Protection: A Note

Arsenio Balisacan

Philippine Review of Economics, 1987, vol. 24, issue 1&2, 149-157

Abstract: This note presents some aspects of the neoclassical political economy of economic protection. It develops a conceptual framework which focuses on the costs and benefits of investment in political in?uence to certain conditions in the society and how the benefit-cost structure may affect the level of economic protection and the amount of what Bhagwati called "directly unproductive profit-seeking" activities.

Date: 1987
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