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The political economy of trade, aid and foreign investment policies

Author: Devashish Mitra; Arvind Panagariya
Publisher: Boston : Elsevier, 2004.
Edition/Format:   eBook : Document : English : 1st edView all editions and formats
Summary:
While considerable progress has been made in analyzing the formulation of international economic policies, the existing literature remains deficient in several respects. First, the existing models take a relatively simplistic view of the political-economy environment. For example, in contrast to the observed reality, a large majority of the models view the government as a monolithic entity. Second, there is only  Read more...
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Genre/Form: Electronic books
Aufgabensammlung
Additional Physical Format: Print version:
Political economy of trade, aid and foreign investment policies.
Boston : Elsevier, 2004
(DLC) 2004050681
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Devashish Mitra; Arvind Panagariya
ISBN: 0080523188 9780080523187
OCLC Number: 441785790
Description: 1 online resource (xx, 308 pages) : illustrations
Contents: Cover --
Contents --
Foreword --
Preface --
Contributors --
Chapter 1. Introduction --
1.1 Part I --
1.2 Part II --
1.3 Part III --
1.4 Part IV --
References --
Part I: Making of Trade Policy: Theory --
Chapter 2. Trade Policy Making by an Assembly --
2.1 Introduction --
2.2 A specific-factors model --
2.3 A Mayer-Heckscher-Ohlin Model --
2.4 The electoral college --
2.5 Conclusions and open questions --
Acknowledgements --
References --
Chapter 3. Should Policy Makers be Concerned About Adjustment Costs? --
3.1 Introduction --
3.2 The model --
3.3 Aggregate adjustment costs --
3.4 Adjustment costs and labor market flexibility --
3.5 Conclusion --
Acknowledgements --
Appendix A --
Appendix B --
Appendix C --
References --
Chapter 4. Non-Tariff Barriers as a Test of Political Economy Theories --
4.1 Introduction --
4.2 Developing testable implications of the theory --
4.3 Empirical evidence --
4.4 Alternative explanations --
4.5 Conclusion --
Acknowledgements --
References --
Chapter 5. The Peculiar Political Economy of NAFTA: Complexity, Uncertainty and Footloose Policy Preferences --
5.1 The fact: footloose aggregate preferences on NAFTA --
5.2 Policy complexity, social learning and footloose preferences --
5.3 An illustrative model --
5.4 Conclusion: on economists as participants in the politics of trade policy --
Acknowledgements --
References --
Part II: Making of Trade Policy: Empirical Analysis --
Chapter 6. Interest and Ideology in the 1988 Omnibus Trade Act: A Bayesian Multivariate Probit Analysis --
6.1 Introduction --
6.2 Background: the Trade Omnibus Act --
6.3 Analysis of the multivariate probit model --
6.4 Theory and measurement --
6.5 Data --
6.6 Empirical analysis --
6.7 Model comparisons: Ideology versus interest --
6.8 Conclusion --
Acknowledgements --
Appendix A: Bayesian analysis of the multivariate probit model --
References --
Chapter 7. Industry and Factor Linkages Between Lobby Groups --
7.1 Introduction --
7.2 Theory --
7.3 Empirical analysis --
7.4 Conclusion --
References --
Chapter 8. Sweetening the Pot: How American Sugar Buys Protection --
8.1 Introduction --
8.2 The US sugar program --
8.3 Consequences of the program --
8.4 Sugar interest groups' contributions --
8.5 Determinants of sugar's campaign contributions --
8.6 Marginal effects of different attributes on the probability of getting money and the amount of money received by incumbent senators --
8.7 Concluding remarks --
Acknowledgements --
References --
Part III: Inter-Country Interactions --
Chapter 9. Unilateralism in Trade Policy: A Survey of Alternative Political-Economy Approaches --
9.1 Introduction --
9.2 Models of reciprocated unilateralism --
9.3 Models of endogenous unilateralism --
9.4 Concluding remarks: the current state of the literature and issues for future research --
References --
Chapter 10. Trade Creation and Residual Quota Protection in a Free Trade Area.
Responsibility: editors, Devashish Mitra, Arvind Panagariya.

Abstract:

Analyzing several aspects of the political economy of international economic policy,this book contains 12 essays that address the areas of the political economy of trade, aid and investment policy,  Read more...

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Twelve papers focus on the political economy of international economic policy, paying special attention to trade policy. Journal of Economic Literature, 2005.

 
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