Description
Book SynopsisEconomics and Politics of Trade Policy brings together a set of 16 papers that focus primarily on the political economy of international trade. What sets these papers apart is the recurrent theme of developing and extending political economic analysis beyond details commonly considered when the papers were written. The book takes a deeper look at institutional and behavioral details that researchers have formerly overlooked, delving into issues such as administered rather than legislated protection; incorporation of unemployment; and behavioral considerations such as fairness. Together with a few other papers that consider theoretic issues of trade, this book will provide a thought-provoking overview of the most important research on international trade, political economy and policy over the past decades.
Table of ContentsEconomics and Politics of Administered Protection: The Political-Economy of Administered Protection (J Michael Finger, H Keith Hall and Douglas R Nelson); Institutional Structure in the Political Economy of Protection: Legislated V. Administered Protection (H Keith Hall and Douglas Nelson); How Bad is Antidumping: Evidence from Panel Data (Peter Egger and Douglas Nelson); The Broader Context of Trade Policy Making: The Domestic Political Preconditions of US Trade Policy: Liberal Structure and Protectionist Dynamics (Douglas R Nelson); Institutional Structure and Time Horizon in a Simple Political-Economy Model: The Lowi Effect (H Keith Hall and Douglas R Nelson); Women and Tariffs: Testing the Gender Gap Hypothesis in a Downs - Mayer Political-Economy Model (H Keith Hall, Chihwa Kao and Douglas R Nelson); The Peculiar Political Economy of NAFTA: Complexity, Uncertainty and Footloose Policy Preferences (H Keith Hall and Douglas R Nelson); Structural Change and the Labor Market Effects of Globalization (Noel Gaston and Douglas R Nelson); Can Compensation Save Free Trade? (Carl Davidson, Steve Matusz and Douglas Nelson); The Politics of (Anti-) Globalization: What Do We Learn from Simple Models? (David Greenaway and Douglas R Nelson); Learning from Behavioral Economics: Fairness in Trade and Trade Policy: Fair Wages, Unemployment and Technological Change in a Global Economy (Udo Kreickemeier and Douglas Nelson); Fairness and the Political Economy of Trade (Carl Davidson, Steve Matusz and Douglas Nelson); A Behavioral Model of Unemployment, Sociotropic Concerns and the Political Economy of Trade Policy (Carl Davidson, Steve Matusz and Douglas Nelson); Trade Theory: Incentive Compatible Regulation of a Foreign-Owned Subsidiary (Thomas Gresik and Douglas Nelson); Intra-Industry Trade as an Indicator of Labor-Market Adjustment (Mary Lovely and Douglas Nelson); A Geometry of Specialization (Joseph Francois and Douglas Nelson).
