Labor versus capital in trade-policy determination
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Labor versus capital in trade-policy determination the role of general-interest and special-interest politics by Pushan Dutt

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Published by National Bureau of Economic Research in Cambridge, Mass .
Written in English

Subjects:

  • Trade regulation,
  • Industrial policy

Book details:

Edition Notes

StatementPushan Dutt, Devashish Mitra.
SeriesNBER working paper series -- no. 10084., Working paper series (National Bureau of Economic Research) -- working paper no. 10084.
ContributionsMitra, Devashish., National Bureau of Economic Research.
The Physical Object
Pagination21, [5] p. ;
Number of Pages21
ID Numbers
Open LibraryOL17618062M
OCLC/WorldCa53828675

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Get this from a library! Labor versus capital in trade-policy determination: the role of general-interest and special-interest politics. [Pushan Dutt; Devashish Mitra; National Bureau of Economic Research.] -- "Trade policy depends on the extent to which the government wants to redistribute income as well as on a country's overall factor endowments and their distribution. Labor Versus Capital in Trade-Policy Determination: The Role of General-Interest and Special-Interest Politics Article (PDF Available) January with 38 Reads How we measure 'reads'. An important effect and sometimes an objective of trade policy is the redistribution of income from capital to labor or vice versa. A possible determinant of such redistribution is the political valence or the partisanship of the government, which we call “ideology.”Cited by: If the address matches an existing account you will receive an email with instructions to reset your password.

for redistribution from capital to labor. This can be achieved through trade policies that increase further the factor reward to labor but reduce the reward to capital. In Dutt and Mitra () we empirically investigate the median-voter model of trade policy, followed by an investigation of a political ideology model in Dutt and Mitra (). Pushan Dutt & Devashish Mitra, "Labor Versus Capital in Trade-Policy Determination: The Role of General-Interest and Special-Interest Politics," NBER Working Papers , National Bureau of Economic Research, Inc. Pushan Dutt & Devashish Mitra,   It covers diverse topics in the political economy of trade policy, ranging from the role of modeling lobby formation in the context of trade policy determination to its applications to the question of unilateralism versus reciprocity and trade agreements. It also includes the theory and the empirics of the choice of policy instruments. Pushan Dutt & Devashish Mitra, "Labor versus capital in trade-policy: The role of ideology and inequality," World Scientific Book Chapters, in: The Political Economy of Trade Policy Theory, Evidence and Applications, chapter 6, pages , World Scientific Publishing Co. Pte. Ltd.

and losers are characterized by what factors they own (e.g., skilled versus unskilled labor or labor versus capital). In the short-run Ricardo-Viner model, with immobile factors, winners and losers are characterized by their industry affiliation (e.g, import-competing versus export-oriented industries). own (e.g., skilled versus unskilled labor or labor versus capital). In the short-run Ricardo-Viner model, with immobile factors, winners and losers are characterized by their industry a liation (e.g, import-competing versus export-oriented industries). At the same time, free trade is far from being widely practiced, especially in developing.   Read "Financial Globalization: The Impact on Trade, Policy, Labor, and Capital Flows" by International Monetary Fund available from Rakuten Kobo. Assiduously tracking the trends and consequences of globalization, the IMF's quarterly magazine Finance & Developmen Brand: INTERNATIONAL MONETARY FUND. “Labor versus Capital in Trade Policy: The Role of Ideology and Inequality” (with Pushan Dutt) A Long Run Model of Trade Policy Determination,” American Economic Review: 89(5), December , pp. BOOK CHAPTERS “Can The Whole Actually Be Greater Than The Sum Of Its Parts?.