Arbeitspapier

Endogenous trade policy: Political struggle in the growth process

This paper develops a dynamic theory that accounts for the evolution of trade policy, underlying internal class conflicts, and output growth performance over the last few centuries. By analyzing political responses to the distributional effects of international trade, it finds a prominent interaction between trade policy and the pattern of economic development, and also a significant role for trade liberalization in economic take-off. Consistent with historical evidence for Western Europe, land-scarce economies reach a developed stage through the ebb and flow of liberalism. In contrast, land-abundant countries tend to stagnate because of landlords' opposition to industrialization.

Sprache
Englisch

Erschienen in
Series: ISER Discussion Paper ; No. 678

Klassifikation
Wirtschaft
Trade: General
Trade Policy; International Trade Organizations
Economic Growth of Open Economies
Macroeconomic Analyses of Economic Development
Economic Growth and Aggregate Productivity: General
Thema
Trade Policy
Growth
Class Conflict

Ereignis
Geistige Schöpfung
(wer)
Sugimoto, Yoshiaki
Ereignis
Veröffentlichung
(wer)
Osaka University, Institute of Social and Economic Research (ISER)
(wo)
Osaka
(wann)
2006

Handle
Letzte Aktualisierung
20.09.2024, 08:21 MESZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Sugimoto, Yoshiaki
  • Osaka University, Institute of Social and Economic Research (ISER)

Entstanden

  • 2006

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