Inequality and endogenous trade policy outcomes

• 成果类型: Article
• 署名作者: Limao, Nuno; Panagariya, Arvind
• 署名单位: University System of Maryland; University of Maryland College Park; Center for Economic & Policy Research (CEPR); Columbia University
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/j.jinteco.2006.07.004
• 发表日期: 2007
• 页码: 292-309
• 关键词: anti-trade bias; INEQUALITY; Protectionism; Trade policy

摘要

An enduring puzzle in international economics is why trade interventions are biased in favor of importcompeting rather than export sectors and therefore restrict trade. In this paper, we show that if the government's objective reflects a concern for inequality then trade policy generally exhibits an anti-trade bias. Importantly, under neutral assumptions, the mechanism that we analyze generates the anti-trade bias independently of whether factors are specific or mobile across sectors. The mechanism also generates an anti-trade bias between large countries even after they sign reciprocal trade agreements that eliminate any terms-of-trade motivation for the use of trade protection. (c) 2006 Elsevier B.V. All rights reserved.