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.

Language
Englisch

Bibliographic citation
Series: ISER Discussion Paper ; No. 678

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

Event
Geistige Schöpfung
(who)
Sugimoto, Yoshiaki
Event
Veröffentlichung
(who)
Osaka University, Institute of Social and Economic Research (ISER)
(where)
Osaka
(when)
2006

Handle
Last update
20.09.2024, 8:21 AM CEST

Data provider

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Object type

  • Arbeitspapier

Associated

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

Time of origin

  • 2006

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