Social protection and political competition

• 成果类型: Article
• 署名作者: Gabszewicz, JJ; vanYpersele, T
• 署名单位: Universite Catholique Louvain
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/0047-2727(95)01542-6
• 发表日期: 1996
• 页码: 193-208
• 关键词: Political economy; international trade; Minimum wage

摘要

This paper analyses how the level of social protection is determined when its choice depends on political competition. First, this is done under autarky. Then the analysis is extended to take account of the existence of an international capital market. We show that social protection never increases under international competition and, in several circumstances, drastically decreases.