Trade Policy: 'Political' vs. 'Economic' Factors

Arbeitspapier

The ongoing discussion of U.S.-Japanese trade relations suggests that national differences such as in the institutional environment may be relevant for assessing international trade policies. However, economic trade theory often assumes countries to be organized around common notions of complete markets. This paper compares two alternative modes of trade policy analysis by juxtaposing the ?economic? view inherent in Gene Grossman?s work on ?Japan?s Innovation and Trade? with the ?political? view of ?Japanese-American Relations? expressed by Chalmers Johnson. A synthesis is attempted with the help of some remarks on ?New Trade Theory?s Implications for Policy Analysis? by John Pomery.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: ZEW Discussion Papers ; No. 02-75

Classification and Topics

• Classification: Wirtschaft ; Trade: General ; Economic Methodology ; Relation of Economics to Other Disciplines
• Subject: trade theory ; policy ; institutional factors ; Außenwirtschaftspolitik ; Internationale Wirtschaftsbeziehungen ; Komparativer Kostenvorteil ; Policy-Ansatz ; Institutionalismus ; Neue Außenhandelstheorie ; Vereinigte Staaten ; Japan

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Lutz, Stefan H.
• Event: Veröffentlichung
• (who): Zentrum für Europäische Wirtschaftsforschung (ZEW)
• (where): Mannheim
• (when): 2002

Further information

• Handle: http://hdl.handle.net/10419/24363
• Last update: 10.03.2025, 11:42 AM CET