What governments maximize and why : the view from trade / Kishore Gawande, Pravin Krishna, Marcelo Olarreaga.
Material type:
TextSeries: Working paper series (National Bureau of Economic Research) ; no. 14953.Publication details: Cambridge, Mass. : National Bureau of Economic Research, 2009Description: 43, [8] p. : ill. ; 22 cmSubject(s): Commercial policy | Welfare economicsLOC classification: HB1 | .N38 no. 14953Online resources: Click here to access online Summary: Policy making power enables governments to redistribute income to powerful interests in society. However, some governments exhibit greater concern for aggregate welfare than others. This government behavior may itself be endogenously determined by a number of economic, political and institutional factors. Trade policy, being fundamentally redistributive, provides a valuable context in which the welfare mindedness of governments may be empirically evaluated. This paper investigates quantitatively the welfare mindedness of governments and attempts to understand these political and institutional determinants of the differences in government behavior across countries.
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University of Macedonia Library Βιβλιοστάσιο Β (Stack Room B) | Research Papers | HB1.N38 no. 14953 (Browse shelf (Opens below)) | 1 | Available | 0013125417 |
Includes bibliographical references.
Policy making power enables governments to redistribute income to powerful interests in society. However, some governments exhibit greater concern for aggregate welfare than others. This government behavior may itself be endogenously determined by a number of economic, political and institutional factors. Trade policy, being fundamentally redistributive, provides a valuable context in which the welfare mindedness of governments may be empirically evaluated. This paper investigates quantitatively the welfare mindedness of governments and attempts to understand these political and institutional determinants of the differences in government behavior across countries.
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